QPM 0.00% 3.3¢ queensland pacific metals limited

The 50 million FAKE buyer has left the building....., page-79

  1. 8,800 Posts.
    lightbulb Created with Sketch. 2937
    There are a couple of things that need to occur.

    First, lift gas production at MGP, provides more supply to TPS and lowers the cost per Gj produced. It was operating at 33% of capacity in August which restricted feedstock to TPS resulting in limited generation. This has improved since QPME took over (but this limited supply during Oct in particular is why I expect target to be missed in Dec quarter).
    Second, with increased gas supply, the TPS can run in combined cycle mode more often which increases generation capability and the Mw/Gj improves, so number of generation hours, output, and margin all improve.
    Third, endeavour to have the plant is operating in combined cycle mode whenever demand, and therefore price, is at it's highest. Lowering the feedstock input cost and operating in combined cycle collectively lowers the breakeven point for starting up the plant, more opportunities to generate revenue.

    It's going to take a bit of time to get a big enough sample that proves the theory. If we look at the skyline in January, it supports it. On the raw revenue, around 20% of that $36m annual income you referred to has been made this month. Based on the data, whilst it can't be guaranteed, it is evidently possible.

    PS, your $36M/quarter figure includes gas sales which lowers the TPS contribution required to a bit over $20M per quarter by my estimates.

    JMO. GLTAH.

 
watchlist Created with Sketch. Add QPM (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
0.000(0.00%)
Mkt cap ! $83.18M
Open High Low Value Volume
3.3¢ 3.3¢ 3.1¢ $95.18K 3.003M

Buyers (Bids)

No. Vol. Price($)
1 29406 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 292084 3
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
3.1¢
  Change
0.000 ( 6.06 %)
Open High Low Volume
3.2¢ 3.3¢ 3.1¢ 797696
Last updated 15.59pm 14/06/2024 ?
QPM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.