QEM 1.69% 6.0¢ qem limited

Ann: QEM Progressing oil & vanadium Pilot Plant, page-48

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 63 Posts.
    lightbulb Created with Sketch. 32
    Do we know how much capital its going to cost to set up equipment to mine that Vanadium? - No
    Do we know the operating cost per tonne of Vanadium extracted? - No

    Do we know whether this is profitiable? Obviously not as we don't know the the Capex and Opex (bare minimum)
    If we dont these basic vectors then who is going to finance this other than share holders? - No one

    Check out AVL, TNG or ARU.

    Miles ahead of QEM in regards to whats mentioned above and yet they are miles off (years) extracting their respective resources (including Vanadium).

    I don't mean to sound rude.
    I'm just being realistic based off very basic principles in determining whether this company and/or stock is worth it.
    These are questions that need answers and I cant find them from a company (QEM) that's been operating for some 7 years?
    Come on........






 
watchlist Created with Sketch. Add QEM (ASX) to my watchlist
(20min delay)
Last
6.0¢
Change
0.001(1.69%)
Mkt cap ! $11.45M
Open High Low Value Volume
5.9¢ 6.0¢ 5.9¢ $10.64K 178.7K

Buyers (Bids)

No. Vol. Price($)
1 10526 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 23406 2
View Market Depth
Last trade - 15.19pm 01/11/2024 (20 minute delay) ?
QEM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.