Quantum Materials Corp. (fka QTMM)

[Swamp Angel]

For your reading enjoyment...

I feel this article is relevant as to QTMM/Solterra's inability to complete a Saudi Deal.

http://peakoil.com/publicpolicy/the-collapse-of-saudi-arabia-is-inevitable


Paragraph 16:
"But earlier this year, the strain on the kingdom’s finances began to show when it announced an eight-year delay to its $109 billion solar programme, which was supposed to produce a third of the nation’s electricity by 2032."

Too bad... Not only for us longs here, but it is SO short sighted for their country to continue to rely on their current diesel/oil power plants.

To me, this article is an interesting prognostication. I feel it is yet another hint that the end of the oil era is upon us.

For the next generation over there it will be hard times again.

It looks like our Mr. Jabbour got out ahead of the wave... Smart.