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5.13%

3.7¢ queensland pacific metals limited

GM, LG and POSCO should be providing debt facilities to cover the CAPEX for Phase 1 and 2, page-51

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johntie

3,471 Posts.

589

30/11/22

14:21

Post #: 65073916
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Originally posted by Gwaihir ↑

tmc77, I think you are right, they may need to "right-size" an initial plant based on the funds available, and then expand later in the future if necessary.

Many a small cap project has been killed off because of over-sizing, for a variety of reasons, including greed, ego and management naivety.

The key is to take on what is manageable with the available resources that you have, and make it work.

To succeed, you keep it as simple as possible, and you keep it within manageable limits.

They need to plug in a whole range of variable factor values, and determine the outcomes based on them.

They need to rationalize and "right-size".

In the end, ego's and grand aspirations need to be put aside, clear management heads need to prevail, with some really smart and sensible thinking.

This project will now rise or fall on the "quality and reality" of management thinking.

Better to achieve something positive than to completely fail with a grandiose plan.

Gw

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...but what if they get funding

QPM Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.7¢		Change -0.002(5.13%)		Mkt cap ! $93.28M

Open	High	Low	Value	Volume
4.0¢	4.0¢	3.7¢	$94.95K	2.514M

Buyers (Bids)

No.	Vol.	Price($)
3	257499	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	325000	1

View Market Depth

No.	Vol.	Price($)
3	257499	0.037
1	1689912	0.036
11	691152	0.035
3	490000	0.034
5	325575	0.033

Price($)	Vol.	No.
0.039	349421	1
0.040	380000	2
0.041	702023	3
0.042	1023943	8
0.043	519460	3

Last trade - 16.10pm 28/10/2024 (20 minute delay)

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