CQT need to take defensive action to ensure the terms of their...

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.