quick defensive action needed ..

CQT need to take defensive action to ensure the terms of their joint venture with Gold Fields get actioned in coming years.

1. A placement to another party/parties to significantly dilute Gold Fields equity which is just below 20% following a recent increase "on the cheap."

2. A significant number of performance options issued to Management with an exercise price starting at say $2.00 and going higher.

This will show the market that:

1. CQT has no intention of being taken over on the cheap.
2. CQT is determined to perform and get its share price up in this resources bull market.