QPM 2.56% 3.8¢ queensland pacific metals limited

Associated News, page-2967

  1. 3,687 Posts.
    lightbulb Created with Sketch. 761
    The reality is there are actual mines closing down today because of commodity prices who will be arguing why are they not being supported.

    Why support other companies who may in the distant future start producing something. Why not argue the Govt to hand out billions of $$$ today for years in the hope the price of those commodities are higher in the future?
    That is a hard story to sell and imo not very likely to happen.

    Its also not my line of thinking it's reality. One which can be witnessed across many commodity sectors where projects stall when the commodity price falls below the incentive price.




    Last edited by PieChart: 18/03/24
 
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