'Key equipment' was always going to come from somewhere PC. That a company like KBR can possibly guarantee their product is what this announcement (and delay) was all about. The good Dr. S.G. says plus minus equals plus - I am gonna take his word for it.
We can see from - "KBR acknowledges that being a major supplier to QPM and the TECH Project is of strategic benefit, given the anticipated growth for nickel and the successful commercialization of the DNi Process being a game changer for successful and sustainable nickel laterite processing." - that there is no need to go glass half-empty and assume our terms and the arrangement with KBR won't be mutually beneficial...
Also, back to financing, and I feel as if I have seen most ASX companies do feasibility studies, then look for off-takes, then try to negotiate financing...
QPM has already signed binding off-takes (actually 12 months ago to the day) with LGES and POSCO when they became shareholders. So we are looking at a different strategy. From the current announcement (pg.1) "QPM's strategy has been to deliver a feasibility study that is bankable..." And there in, is the difference, imo. DFS will come with commitments from a host of these big players (partners?) and it'll be game on.
- Forums
- ASX - By Stock
- Ann: KBR MOU and DFS Update
'Key equipment' was always going to come from somewhere PC. That...
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QPM (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.8¢ |
Change
0.001(2.70%) |
Mkt cap ! $95.80M |
Open | High | Low | Value | Volume |
3.8¢ | 3.9¢ | 3.8¢ | $211.7K | 5.553M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 485343 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 735000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 485343 | 0.038 |
4 | 279309 | 0.037 |
2 | 1691212 | 0.036 |
6 | 1926036 | 0.035 |
3 | 65102 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 735000 | 4 |
0.040 | 1379327 | 10 |
0.041 | 215467 | 3 |
0.042 | 571685 | 3 |
0.043 | 513149 | 2 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
QPM (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online