QPM 5.56% 3.4¢ queensland pacific metals limited

Ann: Investment and Offtake Agreement with LGES and POSCO, page-270

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  1. 12 Posts.
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    DFS due Feb 2022

    Some potential catalysts
    - Positive update in quarterly this week
    - Commonwealth and State government approvals due to be lodged in August and approved Q4 21.
    - Debt advisor appointed (mentioned aiming for August announcement)
    - Samsung MoU converting to binding offtake (unlikely given 2/3’s nickel and cobalt production accounted for in LG/POSCO deal and Steve mentioned he’d prefer the other third to go at market rate)
    - Confirmation of gas supply derived from vented/flared gas to make the TECH project net negative CO2 emissions.
    - Commercial application for leach residue proved by James Cook University making the TECH project a zero liquid/zero solids discharge project.
    - Any funding progress (NAIF, debt financiers and equity investment).

    Sure I’ve missed some bits and pieces, love to hear what others are looking forward to
 
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