QPM 5.88% 3.6¢ queensland pacific metals limited

Associated News, page-2943

  1. 2,204 Posts.
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    This is what’s annoy me a tad. Fair enough Ni needs to be $20k for QPM to be profitable, forecast for 2026-27 (supposedly when refinery is to be completed, yes I understand it was meant to be 2025) is substantially more than todays price. Would/should they not be moving forward based on forecast numbers and not todays price? And to bring it up again, ARU is a great example of that, NdPr approx $50, which is most recent lows, yet they can somehow justify moving forward based on forecasted numbers. Sorry, but I just don’t buy it, sounds like an excuse and has to be something much more to it imo.
 
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