Short Term Trading Weekend Lounge: 29 - 31 Jan, page-49

STTCOMP QPM TA LONG

MC $57.84M

Not sure if mentioned already, but I'm going to expand on convictions for buying and holding this stock over the mid-long term from some research online.

QPM is a clean nickel-cobalt producer based in Queensland, that is supplying Nickel to LG and Samsung, who are building batteries for Tesla, Ford, GM and BMW.

• Offtakes with LG for 10,000T Nickel and 1000T Cobalt. Worth around $300M.
• Offtakes with Samsung for 6000T Nickel. Worth around $100M
• Both LG and Samsung are using this Nickel / Cobalt to manufacture EV batteries for Tesla, Ford, BMW, General Motors.
• Nickel and Cobalt prices are reaching new highs every day due to the incoming EV boom.
• The first sustainable Nickel Producer in the world and also using Solar Energy.
• NPV of $1.5B.
• Production facility estimated to be built in 12 months.
• Offtakes with Korea Zinc for Iron Oxide.