QPM
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2.94% 3.3¢ queensland pacific metals limited

Associated News, page-3077

  1. PieChart
    3,695 Posts.
    lightbulb Created with Sketch. 763
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    12/04/24
    10:28
    Post #: 73310079
    Nobody really cares about being environmentally friendly. Even Qpm was just theatrics and was happy to acquire a CSG gas company to produce it's energy.

    The turning point has arrived where EVs will be cheaper to buy than ICE so from a mainstream viewpoint if it's slightly more environmentally friendly and it's cheaper than that's good enough.

    The red flag with nickel is who is even making nickel batteries? No company in any significant volume other than tesla(and hopefully CATL).

    That CATL tweet is at least somewhat bullish for nickel. However, only half the nickel the good Dr forecasted in 2021 will be needed.

    https://hotcopper.com.au/data/attachments/6097/6097209-64fc7dfe25de19fb3995790db6ab31c5.jpg
    https://hotcopper.com.au/data/attachments/6097/6097214-03a3771a7123b25f8768c5713ca1ad68.jpg
    https://hotcopper.com.au/data/attachments/6097/6097217-57a0d0701e928a9daa62f079f0519cee.jpg

    Last edited by PieChart: 12/04/24
    QPM Price at posting: 3.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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