This is an impressive presentation IMHO, and hence should be "price sensitive" if QPM's gas fundamentals (which crucially have established infrastructure and government backing) were being fairly evaluated - Labor needs QPME's 'green energy' to provide Green relief for its support of Jobs (mining etc).
BUT, the TECH being readied for the " next nickel bull market " ..... 10-20yrs hence ( if the Indonesian government is to be taken at their word) is problematic. So, if TECH can be quarantined, such that it's not seen as a drain on QPME, then QPM is "undervalued" and should rerate when the TECH Kryptonite is successfully isolated ..... say by making government a share holder in exchange for continued funding ??
I've changed my sentiment to HOLD - not quite prepared yet to BUY this story, till more runs on the board.
This is an impressive presentation IMHO, and hence should be...
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Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $83.18M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.5¢ | 3.3¢ | $25.95K | 768.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 901738 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 149247 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| QPM (ASX) Chart |