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1.4¢ pure minerals limited

Ann: QPM Update & Bulk Sample, page-11

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mbomb

377 Posts.

61

25/03/19

11:22

Post #: 37872057
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Originally posted by rahonda: ↑

saw John D at the conference in Perth this week and experience shines through, with some humour.
QPM is unlike anything on the market;
cheap
grade is solid on nickel and cobalt
co products provide exposure to other markets ( Fe)
no money to spend on resource drilling- spend it on supply, process and outputs
technology is understated. Group think on HPAL isn't going to improve anything in nickel
focussed on building a plant not justifying more exploration.

its hard to believe EVs aren't the way of tommorrow ( although I'm still fond of my Toyota)

it's a simple business model that has worked in Asia forever, no reason why we can't get behind a truly value adding proposition here. challenge for PM1 is to articulate that simply.

if Australia is going to prosper in the long term we need to stop being a quarry and get smart with our expertise. here is a start.

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100% right. Australia needs to embrace this model. Better geography, expertise, system to take advantage of this.

It will be the only way forward.

PM1 Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

1 Great analysis

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