QPM 15.6% 3.7¢ queensland pacific metals limited

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  1. 1,077 Posts.
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    We will see in the next few 1/4s.

    The positive side is the we have figures to work of.

    Either QPME is cash flow positive or not. Then we all will know how to value QPME.

    You or I can't argue against actual revenue or profit / loss. Which is the point.

    They produced revenue of 40 million at a loss for the last 6 months, so the question is where is the revenue and cash flow for this 1/4?

    For bulls, if QPME generates 40 million a 1/4 with 14 million profit (see forecast). Then it is clear that QPM is undervalued.

    For Bears, if QPME fails as per forecast, then sure, i am wrong.

    But I have invested in a penny stock, so I am fully understanding that this is a gamble (thus I only invest less than 10% of my portfolio)
    Last edited by larrygerry: 23/03/24
 
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