Hi all
Interesting stock with significant upside based on Petra
QPM has received approval from the Australian Federal Government to construct and operate its TECH Project in Townsville. The approval under the Environmental EPBC Act represents a major milestone for QPM as it progresses towards a final investment decision. The last key remaining approval to be obtained is the Townsville City Council and QLD State Government, which is sufficiently advanced. Considering the TECH Project’s “State Significance” status and the Lansdown region being specifically cleared for high impact industry (such as the TECH Project) we view the last remaining approval as largely procedural in nature. Maintain BUY and PT A$0.46/sh.
Do any holders have the research and have you guys checked assumptions
Looking to get upto sped quickly on this one as i feel it could move soon
Its definitely as decarbiisation play
Upside
Add QPM (ASX) to my watchlist
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Last
4.9¢ |
Change
-0.005(9.26%) |
Mkt cap ! $98.61M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.4¢ | 4.9¢ | $240.4K | 4.759M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 126047 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 562437 | 2 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
4.9¢ |
Change
-0.005 ( 9.26 %) |
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| Open | High | Low | Volume | ||
| 5.2¢ | 5.3¢ | 4.8¢ | 2141677 | ||
| Last updated 15.05pm 01/05/2024 ? | |||||
| QPM (ASX) Chart |