Australia's largest stock trading and investment forum Australia's #1 stock forum

QEM

Click for more information

7.14%

15.0¢ qem limited

Ann: QEM Progressing oil & vanadium Pilot Plant, page-49

First 49 Last

Share
Profile

Follow
Vkholden

484 Posts.

38

01/07/21

18:08

Post #: 54218183
Share

Originally posted by MILLERBLAKE: ↑

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........

Expand

Yes those other companies you mentioned are ahead but their market caps are also x4 x5 x10 respectively.
Time will tell mate.

QEM Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 13 more messages in this thread...

First 49 Last

Add QEM (ASX) to my watchlist

(20min delay)
Last 15.0¢		Change 0.010(7.14%)		Mkt cap ! $22.70M

Open	High	Low	Value	Volume
14.0¢	15.0¢	14.0¢	$2.839K	19.16K

Buyers (Bids)

No.	Vol.	Price($)
1	9000	13.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	17760	2

View Market Depth

No.	Vol.	Price($)
1	9000	0.135
1	60000	0.125
1	8333	0.120
3	33278	0.090
0	0	0.000

Price($)	Vol.	No.
0.165	17760	2
0.170	26690	2
0.180	75624	3
0.190	57634	2
0.200	68342	5

Last trade - 16.10pm 07/06/2024 (20 minute delay)

QEM (ASX) Chart