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3.4¢ queensland pacific metals limited

Ann: QPM Energy Presentation, page-45

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larrygerry

1,067 Posts.

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07/03/24

16:07

Post #: 72797341
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Originally posted by chemistry8: ↑

Profit is revenue minus expenses. Pie's argument is they're only report revenue, not profit. You can have all the revenue in the world but if it's not covering expenses then you're unprofitable. Being debt free is another discussion, that just means they're not servicing loans.

Their day to day operations (opex) may incur expenses greater than the revenue, i.e. wages, vehicle rental, gas payments, water treatment contracts etc etc.

The quarterly cashflow reports are more useful than this.

Expand

Agreed. The next 1/4 will be interesting to get the numbers.

The main thing is that we have revenue, and we can evaluate accordingly.

So it is positive that we are at this point.

QPM Price at posting: 3.6¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last 3.4¢		Change -0.001(2.86%)		Mkt cap ! $85.70M

Open	High	Low	Value	Volume
3.4¢	3.5¢	3.2¢	$177.3K	5.330M

Buyers (Bids)

No.	Vol.	Price($)
7	1370744	3.3¢

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Price($)	Vol.	No.
3.4¢	300000	1

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No.	Vol.	Price($)
7	1370744	0.033
15	1657272	0.032
8	1257250	0.031
15	1881997	0.030
5	1000813	0.029

Price($)	Vol.	No.
0.034	300000	1
0.035	721519	6
0.036	445708	3
0.037	4687	1
0.038	598000	3

Last trade - 16.10pm 05/06/2024 (20 minute delay)


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