QEM 1.69% 6.0¢ qem limited

Does any know the CAPEX required to get the Julie Creek project...

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  1. 63 Posts.
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    Does any know the CAPEX required to get the Julie Creek project into production?
    I cannot find it anywhere on QEM's website?

    One thing I find interesting is the following point in the last Ann: QEM Progressing Oil and Vanadium Pilot Plant.

    "QEM is also pleased to note that the Queensland government intends to invest $2 billion into the Queensland Renewable Energy and Hydrogen Jobs Fund"


    -
    So the Queensland Government want to invest in Renewable energy yet QEM want to extract shale oil (along wih Vanadium)? I find it hard to believe that the government would be granting any funding for Renewable Energy when the company is extracting shale oil?

    Can anyone elaborate on this as I find it a bit confusing?

 
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