These groups have delivered ore to Townsville since the mid 80's, simple logistics and plenty of ore ahead with multiple loading port options provides a neat solution for reliable ore feed.
No need for qpm to undertake long lead and expensive drilling programmes or deal with the environmental aspects of mine ownership.
Structuring a working group makes sense and should keep everything tight and co-ordinated thru to Feas. and allow qpm to focus on the Townsville end.
They should be looking soon at identifying the bulk sample for pilot plant run in Perth, would expect that to come from Nakety in the new year.
PM1 Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held