QPM 2.70% 3.8¢ queensland pacific metals limited

Ann: Ore Supply Agreement Executed with SMT, page-65

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  1. 744 Posts.
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    Thanks for your rigour @Embista,@PieChart & @OStirz.
    I've added a cobalt metal v sulphate and nickel metal v sulphate table in the bottom left as a comparison.
    For cobalt, PieChart's BMI chart, with two options US$10K/t - a bad case /recession scenario & a US$12K/t which seems more like the average over the past few years (note COVID would have played havoc with the average) without even considering a forward looking critical mineral supply deficit figure!
    The 12K figure seemed to give equivalent-ish revenue to the PFS cobalt metal revenue.
    For nickel, flying a bit blind as I don't subscribe to any price platforms, found a recent figure from FastMarkets, and plugged in a lowball US$4.5K figure, which gives an equivalent revenue to the PFS metal revenue, and then a US$6K/t which is still lower than the FM figure I found.
    So on balance whichever price it seems the numbers look just as good, if not a deal better smile.png
    Enjoy your weekend all, MM.
    https://hotcopper.com.au/data/attachments/4405/4405039-d952cae5e8b43fbe2c777752fab17297.jpg
 
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