Great announcement but are people missing something?
I havent posted for sometime because I didnt want to upset anyone, but if 200Mill shares need to be issued at say 50c, what does that do for the price per share based on NPV?
I know what it means but have others done the calculations. I give you the big tip, it doesnt work out to be $1.18 per share but something much lower!! You cant speculate on what CQT or GFA might find in the outer regions because that is, as I mentioned, "speculative".
I would love to hear peoples thoughts.
Vic
CQT Price at posting:
44.5¢ Sentiment: None Disclosure: Not Held