Ann: QPM to Focus on Gas and Energy Growth, page-77

QPM’s TECH Project has been priced to fail (in the SP) for a very long time. The final confirmation we were on hold (if you still needed it) was the awarding of funds last week by the PM to other hopefuls… Imo it would have been political suicide to give gov. money to a nickel processor in QLD using New Caledonian ore (even for producing pharmaceutical grade nickel in a much much better way than HPAL) when big miners in WA and elsewhere are crying out for support and closing mines…

So as far as nickel is concerned we see how battery tech goes in the next couple of years, EV, storage, drones etc etc… We also see how the green nickel scene goes, and how much wanton damage to the environment Indonesian mining and processing the world can take… (And hopefully the good Dr S.G. keeps working nerdily away connecting dots quietly in the background.)

And meanwhile, there will be big moves (and politically necessary moves) to keep the lights on in QLD. No more worries about a huge CR to fund the TECH. Good time for a company name change to reflect our growing contribution to energy/electricity production in QLD and a commensurate SP rerate.

It is what it is guys.. follow the money…
GLTH