"Target is a development ready project positioned for the next nickel bull cycle."
Our Crystal Ball is clear as MUD at present?: 1. Indonesia dominating low cost Nickel production 2. Elsewhere companies are scaling back due to lack of competitiveness 3. Green Energy may become a value added proposition 4. Geo-Political activity may favour Australian output? 5. Renewables are still in their infancy - where might demand go from here?
There's quite a bit to play out and determine where QPM will be placed as Nickel supply:demand imbalance plays out!
Perhaps QPM's venture into fossil fuels will reward sooner? There's so much noise going on in the energy sector, regardless. it looks as if the East Coast Gas Shortage is going to prove a reality!? What might that do to Gas pricing?
Keeping a keen eye in how QPM's plans develop! - another year and I expect we'll be able to get a better handle on things!?
QPM Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held
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