Ann: QEM Limited commences trading on the ASX, page-20

I’ve just had no reason to post on TMT of late and I also have a number of close mates holding TMT. I advised them to purchase.

QEM is not just vanadium. The goal is to achieve joint processing of oil and vanadium.

Now the question is whether or not it can be achieved with an environmentally friendly process. If they get a pilot plant cranking or they test the processing capability of the ore in the states it will be a game changer.

I’m heavily invested in AVL also and I like the fact they have thrown in the potential of cobalt by product etc but there’s never been any clear info on this. Not yet. So right now I can only get excited by the vanadium for those stocks.

QEM definitely have oil along with vanadium..and what’s the price of oil right now? Our mate Sharetrader78 holds IRC and they supposedly have oil shale too but again the ownership is all messed up. Global oil shale from memory own the oil in some of their licenses..then the Chinese want to get vanadium and aren’t interest in oil blah blah blah. When companies have different intent and some licenses are joint owned it’s not the same.

Economically if the two (vanadium and oil) can be extracted then that’s where the huge $ are and QEMs interest is in both commodities. That’s where the difference is.