Put oatmeal in a large bowl or pan and pour oil over the oatmeal. Stir until well glazed. Add wheat germ, coconut, sesame seed and nuts and mix well. Mix water, honey, salt and vanilla and pour over the mixture and stir until mixed well. Put in sheet cake pans or cookie sheets and bake in a slow oven, about 250 to 275 degrees for about an hour and a half. Some times it takes a little longer, depending on how full the pans are and what temperature the oven is. Stir the mixture about every 20 minutes so it can toast evenly. It should get a nice golden brown.