I'm not entirely sure if this is true of QPM, but how many companies on the ASX have had access to a bit of clay and have cynically suggested they can get into the HPA business?
To pump their SP and con holders into forking out wages for management.
It's got to be one of the hardest transformations: going from an explorer to a fully-fledged HPA chemical business. Every customer wants something different, and qualification can take years.
A4N versus QPM and CCM, page-13
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97.8¢ |
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