The Dec quarterly started with the sentence “the TECH Project costs were reduced by 62% from the average of the previous two quarters and costs will continue to be further reduced.” DYOR…
The estimated profit from QPMe is a simple $2m+ in Jan. About $2m in Feb. And let’s go lowish and say $1m in Feb. So around $5m for the quarter.
Your guesstimates for burn rate and for profit are about double on both counts. A little disingenuous to create the expectation that QPMe needs to make QPM cash flow positive this quarter. Nobody is thinking that.
GLTH
The Dec quarterly started with the sentence “the TECH Project...
Add QPM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.4¢ |
Change
-0.001(2.22%) |
Mkt cap ! $88.55M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.7¢ | 4.3¢ | $228.6K | 5.093M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 159614 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 374204 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
4.4¢ |
Change
-0.001 ( 3.93 %) |
||||
| Open | High | Low | Volume | ||
| 4.6¢ | 4.7¢ | 4.4¢ | 3443694 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| QPM (ASX) Chart |