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How Much of QPM Do the Directors Own? — ASX:QPM| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$QPM
How Much of QPM Do the Directors Own?
Inside the Boardroom: A Look at Queensland Pacific Metals' Director Holdings
Queensland Pacific Metals (ASX:QPM), an emerging leader in the battery materials sector, is making waves with its Townsville Energy Chemicals Hub (TECH) Project. As the company strides towards producing critical metals for the lithium-ion battery and electric vehicle markets, an in-depth analysis of the shareholdings of its directors offers insights into the confidence and commitment of its leadership towards the project's success and the company's future.
The TECH Project: A Gateway to Sustainable Battery Materials
The TECH Project, spearheaded by Queensland Pacific Metals, is an innovative refinery project designed to process high-grade laterite ore from New Caledonia into nickel sulfate, cobalt sulfate, and other valuable co-products. Located near Townsville, this project is poised to supply the booming electric vehicle sector with environmentally sustainable materials. With binding offtake agreements already in place with industry giants such as LG Energy Solutions, POSCO, and General
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Motors, the project's prospects are promising.
Directors' Stake: A Testament to Belief in the TECH Vision
The holdings of QPM's directors are a critical aspect of the company's narrative, offering a glimpse into the boardroom's confidence in the company's direction. Here's a closer look at the directors' stakes:
Leading by Example: The Executive Directors
Dr. Stephen Grocott, Managing Director & CEO, holds a significant stake with 1,893,599 direct shares and 214,285 options. His substantial investment underscores his belief in the company's technology and market strategy.
Mr. John Downie, Executive Director, possesses the largest shareholding among the directors, with 35,738,283 direct shares. This extensive investment demonstrates his deep commitment to the company's success.
Non-Executive Directors: Diverse Backgrounds, Unified Faith
Mr. Ariel Edward (Eddie) King stands out with 13,749,558 direct shares, reflecting his strong conviction in the company's potential.
Dr. Sharna Glover brings a unique blend of engineering expertise and market vision, holding 289,285 indirect shares and 1,107,142 options.
Mr. John Abbott, with a rich history of managing complex projects, holds 450,000 direct shares and 1,000,000 options, highlighting his strategic belief in the company's future.
Mr. James (Jim) Simpson adds his extensive mining experience to the board, demonstrated through 1,000,000 options, signaling his confidence in the company's operational and strategic direction.
Director Holdings as a Mirror of Confidence
The director holdings in Queensland Pacific Metals not only reflect a deep-seated belief in the TECH Project's success but also signal to investors the board's commitment to the company's long-term vision. As QPM advances its ambitious project, the directors' stakes underscore a collective confidence in their ability to lead the company into a new era of sustainable battery material production.
This alignment of interests between the company's leadership and its strategic objectives is a positive indicator for current and potential investors, suggesting a shared journey towards substantial growth and environmental stewardship.
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L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
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Lykeshares
133d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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L
Lykeshares
164d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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L
Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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