QPM
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0.00% 3.3¢ queensland pacific metals limited

A specialised plant would be needed to produce pig iron which...

  1. stephenc678
    243 Posts.
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    08/11/21
    19:08
    Post #: 57406455
    A specialised plant would be needed to produce pig iron which QPM aren’t building.

    QPM did sign an MOU with Sun Metals in regards to developing a “joint iron oxide product“ using the heamatite that is a co-product of the TECH project process, if something comes of this there may be a higher price attributable to its heamatite. Otherwise they can just sell it as is. It’s very similar, but a superior grade iron ore product to what FMG sell, just obviously will be a much smaller quantity!

    https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD6wm0wBiZsPoIke92GA%3D%3D
    QPM Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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