QPM 6.25% 3.4¢ queensland pacific metals limited

Ann: QPM to Focus on Gas and Energy Growth, page-79

  1. 173 Posts.
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    Although was shocked to see the ann this morning, this is definitely a positive move for the SP.
    TECH project was the main anchor sinking the SP.

    Makes sense to cut out the sinking ship and focus on the current money maker, especially with how the Nickel industry is going.

    Good on the execs for making this decision. Tbh this is the best move they have done in a long time.

    High inflation with wars going on around the world, for the foreseeable future, the gas price is expected to continuously increase. May as well take advantage of what we cannot control and make the most of it.

    For the holders who say they were here for TECH project, rather than gas, I can clearly say so am I.
    Like others have said, focusing on gas will put a ceiling on the MC. However I would rather see this company reach that MC ceiling (and see SP somewhat recover) than continuous down spiral in HOPE that it would one day somewhat recover.. AIMO GLTAH.
 
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