Soon after listing, Quintessential aims to oversee Bismark's first drilling program in 17 years. In the event of discovery success, the company's capital structure is conducive for a share price re-rating.
COMPANY: Quintessential Resources Ltd ASX CODE: QRL SHARES OFFERED: 30 million LISTING PRICE: 20c CURRENT PRICE: 23.c MARKET CAPITALISATION: $9m (fully diluted) LISTING DATE: August 9 2011
Interesting year coming up IMO !!!
QRL Price at posting:
22.3¢ Sentiment: Buy Disclosure: Held