QPM General Discussion Thread, page-616

Thank you to @Stanley1987 for sharing the link.

These news come at the right time for me as I took my last 200k top-up about 2 weeks ago @9.6 cents.

I finally reached my target of 2 million shares with an average of 6.9 cents (Nice).
These are now in the drawer for the next 2 to 10 years, short of a lawsuit or the project collapsing.

While the DFS delay was unfortunate, it seems they are working very hard to fill the 3-month gap with some great news.

Doing an updated PFS for a potential second train @2mt of ore and @20kt of Nickel per annum would give us a very good estimate of what the actual DFS would look like, without the commitment necessary for a study to be bankable.

You have to remember that, when new processes come into play, the bridge between a PFS and a DFS/BFS is massive compared to cookie cutter plants.
Innovations need a long time and a lot of effort to convince financiers of their efficiency.

An updated PFS could come rather quick as most of the work is already done and it would be a fantastic way to keep the market on its toes before october.

The potential third offtaker being an OEM works very well for that matter too. It seems from the tone of the video that this is happening rather soon and could get some attention from the market.

I've already said that but I don't think I have ever seen in my entire investing life a junior that has as much support as QPM before a DFS is out.

- Binding offtake agreement + direct investment from 10+bn$ companies.
- Between 250m$ and ~600-700m$ of Governement and state fundings. Plenty of interested parties for the rest.
- Supply already fully secured in NC.
- Status of Significant Project declared in Queensland meaning approvals will be fast-tracked once financing is sorted.

It's not a coincidence that so many large entities have their eyes on us and are willing to show publicly their support.
QPM is what is needed in the nickel industry and not another 10 HPAL plants in indonesia without any regulations.