QOL queensland ores limited

They need some money before they can be cashflow positive. Where...

  1. 3,731 Posts.
    They need some money before they can be cashflow positive. Where is the money come from?

    Good thing is QOL did now borrow a cent from any bank, cannot be bankrupt. Maybe try the offtaker, I doubt it, they are dealers with no long-term commitment.

    I guess it is tough to get a line of credit under such situation. So they have to ask it from shareholder.

    I guess right issue at deep discount with free attached option is the way to go. Unless QOL can find a sugar daddy.
 
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Currently unlisted public company.

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