I don't think you can say there has been no material movement... Perhaps not as fast as you or some other shareholders wanted, but movement nonetheless. Namely:
1) MDL finally signed off
2) Trial samples sent to Chinese refineries
3) Management trip to Chinese refineries to have further talks with interested parties
4) Implied possible supply agreements in the works
5) Progressing the full fledged mining license
I believe these are valid steps forward by the company - but prolongation with mining projects is nothing new. Look at Adani for example...
QBL Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.