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1.45%

3.4¢ queensland pacific metals limited

You assume they are not already. Scope 3 isnt measured yet...

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ozvave

106 Posts.

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01/09/23

18:38

Post #: 69696446
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Originally posted by MtnMusic: ↑

What you've observed is likely our warmest winter on record: https://media.bom.gov.au/releases/1177/warmer-and-drier-spring-forecast-after-warmest-winter-on-record/

Incoming is a warmer spring, the BoM on El Nino Alert, which would mean hotter, drier conditions that will both increase electricity demand (AC etc) and increase the unreliability of the East Coast coal fired power stations.

Net result likely greater electricity network peaking demands and TPS cranking.

Medium term renewables are not coming online as fast as wanted/to meet emission reduction targets. There's a lack of long duration battery storage, so peaking demand still viable for some time yet.

MGP will have BB met coal miners knocking on Davd Wrench's door to avoid Safeguard Mechanism penalties so capacity increase is almost certain.
For me, QPME directing the TECH project's energy supply is a big backstop for me (and hopefully financiers), both in terms of cost and reliability, which are key for heavy industry.

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You assume they are not already. Scope 3 isnt measured yet remember...

Last edited by ozvave: 01/09/23

QPM Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 3.4¢		Change -0.001(1.45%)		Mkt cap ! $85.72M

Open	High	Low	Value	Volume
3.5¢	3.5¢	3.3¢	$55.08K	1.617M

Buyers (Bids)

No.	Vol.	Price($)
15	1377548	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	36636	1

View Market Depth

No.	Vol.	Price($)
15	1377548	0.033
7	242812	0.032
8	1096901	0.031
12	1127801	0.030
4	371550	0.029

Price($)	Vol.	No.
0.035	36636	1
0.037	505706	4
0.038	654145	6
0.039	529721	4
0.040	231100	2

Last trade - 15.42pm 07/11/2024 (20 minute delay)

QPM (ASX) Chart