QPN 27.3% 0.8¢ quest petroleum nl

Ann: Quest to JV on Large, Drill Ready Alberta Oil Sands Project, page-19

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  1. 1,949 Posts.
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    I really doubt I could give you any confidence unfortunately Angellus. If you have read all the reports you would have known the consolidation was 20:1. You would have known about the Cash Shell company etc etc.
    You also would have known 600k times 13 is 7.8m and that is the cost of Phase 2.
    Phase 1 is expected to cost 700K.

    The point of the question is how do you expect the company is going to finance this? Maybe they are so dumb they forgot to figure this out cos they were too busy trying to fleece all the holders by consolidating!!

    I will leave it all up to you good people to work it all out. Im taking a break.
 
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