Ann: Half Yearly Report and Accounts, page-46

Don't get me wrong, I think the related party transactions of QBL definitely benefited the related party. (I'm my uneducated opinion).

I think I even posted about this a number of years ago, this specific fact that they were paying huge rent bills to a related party.

I also made note of the high costs involved with some of the "exploration" activities on their bauxite tenements which essentially consisted of using a shovel and backhoe and who was getting paid for those "services"...

QBL was a horrible company where shareholder value went to die. CGB is just the pig receiving some lipstick.

IMO, take note of the directors involved in this company and the companies used for their cap raises and stay away from both.


But having said all that, I'm not really sure the common address actually proves anything... Unless I'm missing something?