OMG, have any of you read the prospectus? Nearly all the tenements were hospital passes from CDU and GSE into QMN as they have been drilled and were promoted to QMN as company makers, yet CDU and GSE were happy to let them go. Think about that for a minute.
As per my previous, they saw this one coming a mile off. These guys wanted some cash and to retain a percentage of the leases, QMN and its shareholders are the bunnies drilling others dog leases. Have a look at what was promised in the PRospectus, where the share price has gone, how the company has performed, who is behind it and who is promoting it. Put that into your model and it is one of the biggest sells I have seen since Burns Philp.
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OMG, have any of you read the prospectus? Nearly all the...
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