Ann: SPP to close early as heavily oversubscribed, page-81

First 81 Last

Share
Profile

Follow
sydney

1,247 Posts.

433

12/09/21

14:25

Post #: 56002240
Share

Originally posted by sydney: ↑

these catalysts will get us to 20c and above:
short term:
-CSIRO, Commonwealth Scientific Industry and Research Organization which is a partner with us, will forward its recommendations to the government and facilities the approval of NAIF loan

- the gas agreement, we are due to hear something with regard to securing gas agreement for a bigger capacity processing plant

-the success confirmed by Simulus group should be followed by confirmation from LG chemicals which according to the MoU will help out with test work of the intermediate nickel products

- the announcement of the engineering company to start the DFS
the quality of the engineering company will boost confidence in the project

the third leg up to 50c and above will coincide with:
-Environmental permit approvals end of year
-funding approval
- successful DFS
- conversion of Non- binding MOU to a binding off takers agreement

the fourth leg agreement is the start of construction
we should see $1 mark

upon commercial production together with Nickel prices around $30,000 by 2027, I would not be surprised to see $2 to $3 share price. I will be happy to retire then with my 3 million shares

My thoughts only

Expand

I laid the foundation and accurately projected the share price for each stage of the project
I wrote the post in April when the share price was 11.5 cents
and with the first leg up, I forecasted 20 cents and that is because the first three catalysts were achieved:
the progress of NAUF to due diligence
the gas agreement
the MoU with LG and Posco are now binding agreements

I was glad when TEP who wrote his post in June, two months after my post agreed with me

once we achieve other catalysts we should be be at 50 cents closer to the finish of the DFS and $1 plus upon the start of construction. The sky is the limit once production is showing is the good numbers.

total holdings on all portfolio are now nearly a couple of hundred thousands shy of 7 million shares

My thoughts only

QPM Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
19 Upvote

1 Great analysis

Reply