PM1 0.00% 1.4¢ pure minerals limited

Just some thought about the QPM project. Shareholder approval...

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  1. 613 Posts.
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    Just some thought about the QPM project.

    Shareholder approval for the acquisition will be voted on 7/3/19.

    Going on the John Downie email yesterday the bulk sample testing will not start until after the share holder vote. That would put the completion of testing in approx july.

    Using the announcement 15/10/18 as a timeline guide ( remembering the timeline has been pushed out by 2 months due to PM1 DD)

    The PFS will probably start after the vote and the DFS in Q3 2019.

    With all going well construction to begin early 2021.

    As for finance will they apply for NAIF loan? They could sweeten the application by re-processing Qld Nickel tailings in the future if that is possible.

    These are all my guesstimates, any thoughts?
 
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