Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-61

On a brighter note -


Im looking forward to any word on the meeting with Samsung!

With LG and Posco now onboard Samsung will be very aware they are on the edge of missing out.. if they want in they may offer a large equity component as a sweetener for us SHs - AGM to come on the 10th i believe.

Remembering QPM is VERY green and rates well for these larger companies to score carbon credits. Samsung may be having a bit of regret and Fomo.

NC nickel is and has been producing for 20+ years and QPM is allowing their mines to be one of the cleanest greenest in the market - minimising tailings ( in some cases tailings are being dumped into the ocean! )
Far more green aspects to be noted in the recent reports.

Dfs is pushing along all aspects of this project to be finalised including -

HPA results to come september quarter - offtakes may come shortly.

Magnesia credits to be unlocked and we may see a estimate on saleable minerals/offtake options.

Work on the iron percipitate is to be completed in the next quarter - not sure how to read that but im assuming that means this quarter as it was mentioned in the last quarters report?

The extract below is why i have been buying averaging up lately.

"In light of strong project progress and the LGES/POSCO transactions, QPM has started to receive an increase in inbound enquiry from potential debt and equity financiers.
QPM is currently conducting a tender process to appoint a debt advisor and expects to do so imminently."

Fancy that debt and equity financiers chasing QPM..

QPM is in a strong postion to get the best results on financing with multiple options and soon to have an advisor to negotiate the best terms for the project.

Financing to be complete April - so we may see some of the names popping up offering terms in the near term.






Last of all id just like to promote TEPs input at the start of this thread. Great analysis mate appreciate your input!

https://hotcopper.com.au/posts/53776188/single