IPO - QEM Limited, page-106

First 106 Last

Share
Profile

Follow
Oldtimer46

1,933 Posts.

50

02/10/18

19:40

Post #: 35967991
Share
Originally posted by Sharetrader78 ↑

Yes, I've certainly got a lot invested in IRC but the V is really only a small part of IRC portfolio of assets. I don't think the market gives more than 4-5mill in value added to IRC market value

From what I've read the project area has huge amounts of oil esp at deeper levels on average 24lt of oil per ton on av. at deeper levels much higher 45lts etc

As you see from the permit map IRC area is large to the north and Northeast of QEM you can see part of it that has been transferred to AXF ownership (so till AXF meet their full 5mill spend and milestones by SEPT 2020 IRC will still hold 75% of the area)

An earn-in Joint Venture whereby AXF can earn 25% of the project area by spending A$1m within a one year period and maintaining the project in good standing

I do agree with you Chris on IRC giving away their V project control on the cheap (well 6mill plus 430k invested in IRC shares in total for 75%) If QEM was listed on the ASX for the last 20yrs I'm sure they would have had to find ways to progress the project as well.. and going forward I will be very interested to see how it pans out for our neighbor
I 100% hope it goes well as that will bode well for all in the area

Expand

Gee Mr Trader I really hope you make a lot of money but honestly disagree with your posts on QEM , It's true they are not in production I believe what I read in the IPO, if they get Oil Shale going as well as Vanadium which I believe will happen, they should fly, as I have said before they are in the right area for Oil Shale to have a chance.
QEM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

There are more pages in this discussion • 12 more messages in this thread...

First 106 Last

Add QEM (ASX) to my watchlist

(20min delay)
Last 4.2¢		Change -0.003(6.67%)		Mkt cap ! $19.68M

Open	High	Low	Value	Volume
4.3¢	4.3¢	4.2¢	$9.331K	217.0K

Buyers (Bids)

No.	Vol.	Price($)
1	10000	4.2¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	340817	3

View Market Depth

No.	Vol.	Price($)
1	7692	0.130
3	100367	0.125
2	81666	0.120
2	15000	0.100
1	11122	0.090

Price($)	Vol.	No.
0.140	9997	3
0.145	137253	5
0.150	29889	3
0.160	80000	2
0.165	10000	1

Last trade - 14.46pm 22/11/2024 (20 minute delay)

QEM (ASX) Chart

IPO - QEM Limited, page-106

Top Stories

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Sales growth pushes Lovisa's fortunes (and shares) upwards

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Scientific conference spotlights PYC's work on blindness disease treatment

Buyers (Bids)

Sellers (Offers)