QPM 3.45% 3.0¢ queensland pacific metals limited

QPM General Discussion Thread, page-534

  1. 739 Posts.
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    Took another look around the QPM website this morning, and on the media page is a proactive piece on the latest asx announcement (sh!t sandwich now sir, or would you like to wait a little for the deluxe asx version?).

    The flowsheet graphic below is subtly new to me, now with 6, aiming for 7 different truck varieties taking product out the Lansdown gate.
    New is the grey ammonium sulphate, and the other grey magnesia and hematite trucks are slightly smaller in size. frown.png

    What is ammonium sulphate (NH4)2SO4 used for? Most commonly we know it as artificial fertiliser for alkaline soils, but also can be used as a herbicide, in making printed circuit boards, in flame retardant materials, a yeast activator in industrially produced bread, and also has a role in producing vaccines! There'll be plenty of demand. what.png

    Plugging in the new numbers to my DFS napkin, they actually turn out pretty much the same (good news). smile.png
    There's probable upside, as my ammonium sulphate and engineered fill prices are early stage research.
    Ammonium sulphate:
    https://www.chemanalyst.com/Pricing-data/ammonium-sulphate-64#:~:text=The%20rebound%20in%20AS%20(Ammonium,first%20quarter%20ending%20March%202022.
    Engineered fill - had a crack, basing it on sand retail prices and worked backwards, as it appears to be typically comprised of silicates including quartz sand.
    https://www.blacktownlandscape.com.au/productview.aspx?pv=11

    Probably should add that despite the recent negative sentiment around lithium, IMO my Low Cycle scenario below has a Walking Dead only likelihood given the demand for nickel in the clean energy battery-led transition is an integral piece.

    Happy Sunday all, MM.
    https://hotcopper.com.au/data/attachments/4459/4459238-15a330f7874bcaaa8d19a4b263a2c414.jpg



    Last edited by MtnMusic: 26/06/22
 
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