QOL queensland ores limited

spp details, page-5

  1. 165 Posts.
    this is what I mean by their giving us (loyal shareholders that is) a sh#t sandwich....taff can rabbit on about 'difficulty securing funding' all he likes, but the big question has been conveniently avoided....if we all have an expectation that Wolfram is to be a successful, profitable mining enterprise, and if they are able to get on with Cannindah exploration and continue to delineate a large resource, there is every possibility that the share price will get back to 'realistic' levels at 30 cents plus, and you could raise funding at these higher price levels....then why would you decide on serious dilution at ridiculously low price points? Why arrange long-term funding at a low price, unless you are actively trying to give outside parties the opportunity for a low entry price point, or preparing the company for a low-priced takeover? Even though we may get our $5,000 'crumbs', BBy and their mysterious mates will still get the cream if the votes succeed.
    SO.....do we hand the company to others at an opportunistic price, or do we force the QOL management to arrange their future financing at more realistic price levels, despite what taff might say about that benefits of long-term funding.....I say, let's make 'em WORK for our loyalty, rather than taking the easy way out!
 
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