QPM 5.88% 3.2¢ queensland pacific metals limited

Ann: Quarterly Activities Report & Appendix 5B, page-7

  1. 878 Posts.
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    The highlight of this quarterly is that the PFS was focused on the smallest commercial plant possible to minimize capex and funding requirements at the time.

    After talking to LG and Samsung, they realized that scale is very important to the majors as it reduces the complexity of their supply chain. Less suppliers to deal with and increased product consistency.

    I am very much looking forward to the next few announcements. The DFS combined with a re-scaling to accommodate offtakers should see a major rerate IMO.

    If they can secure ore supply and funding, and deliver on the DNI process, we could be looking at over a billion$ company by the time of the FID.

    I only have a tiny 1m shares here but this has potential to be the best 15k$ I have ever invested.
 
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