QPM 2.94% 3.3¢ queensland pacific metals limited

Don't get the pessimistic comments.In general, when investing in...

  1. 1,067 Posts.
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    Don't get the pessimistic comments.

    In general, when investing in spec stocks you need patience and emotional neutrality. You are investing in high risk, so you are looking for slow incremental derisking until the project becomes a reality. People seem to be wanting a magic moment when a stock 10 x every year.

    The Tech project has secured the ability to increase the volume, they got big companies to invest in them, they are securing the ESG credentials and building the network to allow them to construct the project.

    The DFS time frame is what it is. Reading the release, the subjective inference I got was that they want to sure up their narrative to deliver a robust process to allow them to start construction as soon a possible post the Financing and DFS. To do this they need the engineering expertise already in place.
 
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Last
3.3¢
Change
-0.001(2.94%)
Mkt cap ! $83.18M
Open High Low Value Volume
3.4¢ 3.5¢ 3.3¢ $18.28K 539.8K

Buyers (Bids)

No. Vol. Price($)
9 4109073 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 868823 6
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Last trade - 14.42pm 09/07/2024 (20 minute delay) ?
QPM (ASX) Chart
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