Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-79

A good post @Christopher67

I am unsure if the "... it's been going on since 2014" comment references me. In any event, I simply do not care. The blame game and justification jigsaw has been going on around here for some time now. Calamity and underperformance are routinely laid at the feet of contrarian posters, the ASX / ASIC holdups, shipping delays, other suppliers, and lunar festivals in Asia. The list is rather long!

Irrespective, there was another poster who often questioned QBL.

Try searching HappyCats or HCGhost - https://hotcopper.com.au/threads/qbl-agm-summary.2410608/page-2

That poster knew his geology.

"This behaviour can be tracked all the way back to 2014 because CGB (QBL)was highlighted by the overpuffed press piece from Proactive Investors about QBL being like a mini FMG. That article was never approved by CGB, they were never interviewed for it, and the company stated that clearly in an announcement." (sic)

That is an excellent paragraph to quote. That may or may not be accurate. However, the questions and criticisms of QBL were based on much more than an alleged article in Proactive Investors.

The Port at Mourilyan was where the bauxite from South Johnstone was going to be shipped from - research that and have a read.

I do hope that this "acquisition" works out well for shareholders. Am I confident that it will? No, I am not.

Nonetheless, I am more than happy to be proven wrong.