Thanks man, but I just realised that I misquoted my own...

Thanks man, but I just realised that I misquoted my own research.

QPMs PFS states that they'll spend 41 mil per year on logistics, take into account a throughtput of .6mtpa an ore grade of 1.6% nickel and exchange rates it comes to $1.50.

The market rate of ore that grade is another $2.15 per pound of nickel, QPM doesn't state what there paying so this will have to do.

That's $3.15 just to get the dirt to the door, compared with SRLs 81 cents.

Then on top of that QPMs refining costs and CAPEX per mtpa are worse than SRLs.

The only saving grace is the fact that QPM will use higher grade ore than SRL, and QPM will refine amd sell HPA and hematite.

But I'm dubious as some of SRLs ore is much higher grade Al and Fe than what QPM will get, yet SRL has no interest in refining them.


Anyway, I was told by someone to buy QPM at under 2 cents and I didn't so it might all just be misguided hubris.