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3.8¢ queensland pacific metals limited

There’s always the possibility it’s everything we are hoping for...

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Kelvv

542 Posts.

72

23/11/22

20:37

Post #: 64950438
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Originally posted by Sdaji: ↑

Why do you think that? As I said, if we get a drop in price on the DFS (assuming it's not a disaster), it should only be brief. The only reason we are anywhere near as low as we are is because of scepticism about the DFS being any good. We traded in the high 20s and earlier this year briefly in the mid 20s just on speculation about the possibility of this being a viable venture. A DFS which actually proves it should send us well above 30c, so if we were to drop from here we'd be looking at a share price below half what the market knows it's imminently going to, and that surely couldn't last for long at all.

Either way, 21c before the DFS would be very nice. The TA strongly suggest we'll get it (unless the DFS comes out before we get there, which wouldn't bother me one bit).

I'm confident we'll all be grinning ear to ear this time next week.

All IMHO of course.

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There’s always the possibility it’s everything we are hoping for and it’s a 80% day
I’m also thinking about the sell the news folk as you mentioned but mostly an inflated capex scaring a few off also.

We will find out soon enough(next Wednesday)

QPM Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.8¢		Change 0.000(0.00%)		Mkt cap ! $95.80M

Open	High	Low	Value	Volume
3.8¢	3.9¢	3.7¢	$51.55K	1.370M

Buyers (Bids)

No.	Vol.	Price($)
3	200000	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	719117	1

View Market Depth

No.	Vol.	Price($)
3	200000	0.037
7	3317228	0.036
5	293571	0.035
1	147058	0.034
4	295303	0.033

Price($)	Vol.	No.
0.038	719117	1
0.039	1632577	8
0.040	593113	9
0.041	215467	3
0.042	571685	3

Last trade - 16.10pm 15/10/2024 (20 minute delay)

QPM (ASX) Chart

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