QPM 2.22% 4.4¢ queensland pacific metals limited

What you've observed is likely our warmest winter on record:...

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    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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