QPM 2.94% 3.3¢ queensland pacific metals limited

Ann: SPP to close early as heavily oversubscribed, page-65

  1. 1,247 Posts.
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    these catalysts will get us to 20c and above:
    short term:
    -CSIRO, Commonwealth Scientific Industry and Research Organization which is a partner with us, will forward its recommendations to the government and facilities the approval of NAIF loan

    - the gas agreement, we are due to hear something with regard to securing gas agreement for a bigger capacity processing plant

    -the success confirmed by Simulus group should be followed by confirmation from LG chemicals which according to the MoU will help out with test work of the intermediate nickel products

    - the announcement of the engineering company to start the DFS
    the quality of the engineering company will boost confidence in the project

    the third leg up to 50c and above will coincide with:
    -Environmental permit approvals end of year
    -funding approval
    - successful DFS
    - conversion of Non- binding MOU to a binding off takers agreement

    the fourth leg agreement is the start of construction
    we should see $1 mark

    upon commercial production together with Nickel prices around $30,000 by 2027, I would not be surprised to see $2 to $3 share price. I will be happy to retire then with my 3 million shares

    My thoughts only
 
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