QPM 6.98% 4.6¢ queensland pacific metals limited

TBH it's the same generic question alot of new investors have...

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  1. 3,697 Posts.
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    TBH it's the same generic question alot of new investors have what they will figure out if they do some deeper research is the ore QPM uses is "unloved".

    Currently these mining companies in NC are digging up the saprolite to turn the ore into nickel pig iron, what happens to the limonite? Not much other than the few hpal plants.

    How much ore reserves are there? I think the real question is how much of a benefit is DNi to these mining companies to be able to commercialise ore ( limonite) which currently doesn't really have a use?

    https://hotcopper.com.au/data/attachments/5130/5130225-4be69af83f2efb0d8ba5c734017022ac.jpg
    The second dot point should say limonite ore.


 
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4.6¢
Change
0.003(6.98%)
Mkt cap ! $115.9M
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4.3¢ 4.7¢ 4.3¢ $84.33K 1.887M

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