GM, LG and POSCO should be providing debt facilities to cover the CAPEX for Phase 1 and 2, page-35

Thankyou for your time and accounting. QPM was obviously prime for some huge shuffling at even the slightest hint of increased costs and an announcement that didnt set the rockets off.

It's a complicated system between write downs, exports, tax incentives, debt terms. For the Capex to have been higher at 'a moment in time' and to then act upon that and sell down so heavily really ignores what the business is and could be.

I wouldn't mind some pre payments for offtakes from our customers, and a high level of Government backed or supplied debt to get us going. The first 3 to 5 years wont be massively profitable but they will the foundation years for a trully remarkable project and company. I do hope we maintain low as possible dilution.

Thanks again. It's still all clear as mud until some solid and official debt terms become known. I expect Capex to decrease and client and Government support to remain strong and even increase.

Like Ed husic said in his speech. It's an old and outdated way of thinking to say companies who require Government assistance or debt aren't profitable on the open market and therefore shouldn't be supported. Behind all of that, there is an intricate balance of blue collar jobs support, engineering skills, export balances, international relationships and the overhanging switch in our energy systems. There are times where our Government must support the beginnings of such important transitions and to me QPM is such a time.

Once we get through crawling and into walking, we will run on our own and be a world leader.

Not financial advice. Always DYOR. I'm an keen investor here, maybe I'm biased but this should succeed and I want it to.