Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-80

Responding to your questions/comments.

Hi Neil,
I imagine that is a rhetorical question, but i will answer it first in beginning my reply. No, you did not mention Basileus' name.
Let him stand up for himself? Was i defending Bas, or was i, when reading my post in context, wondering who on earth was disparaging the companies good name back in 2014, as we know from your own research that Bas, your polar opposite, only appeared in 2017.
"Where are you going with that? " Is Bas tagged in the post? Did a reply to a post of his?
Unlike others, i do not need to tag and stir up a cheer squad for my posts (just simple observation, not pointing fingers at anyone).
Bas is not some demon who will appear once you mention his name 3 times, nor is he exalted to "he who shalt not be named" status.

But he is a poster who is very vocal in his criticism of the company, and did not frequent these hallowed halls prior to 2017, so your assertion that this began in 2014 had me curious as to whom you were referring.



100% no intent to intimidate Neil, i am sure i have covered a similar topic with you previously, but let me again re-iterate, you are free and welcome to post here to your hearts content, to write as voluminously as you desire, and respond to which questions/comments that you deem fit to respond to.
The question was a little tongue in cheek Neil, as i was wondering if there was a Bas like poster, who was here to champion the companies cause and keep the "balance" to the Hotcopper force. Always 2 there must be. Apologies if it wasn't clear, but many of my posts have a healthy dose of sarcasm and wit inserted, i think life needs a bit of humour now and then.

Thank you for helping me out here Neil, i had googled (and i am quite skillful at it, if i do toot my own horn here) but i was unable to locate any mention. I even perused the companies announcements over 2014 to see where they had mentioned the article, but was unable to find any trace.
What a read. I feel for any investor who read that article and made any investment from that.
It is unbelievable that they claimed it was low risk, due to the $4million in cash, backing the $4 million market cap.
And there was a coal and a gold project? I never delved far enough back into CGB/QBL history to see these!
Clearly a good lesson to all, do not place any trust in the research of so-called "stock journalists".
And 100% agree with the board wanting to distance themselves from that hype ridden article!


Neil, no need to bother Sholom with that question, i am confident the mail clerk did not make the purchase on behalf of the company, but the directors authorised it. Who are all the directors? Well i can confidently name 2 of them, if there are others i cannot say.

It is not semantics Neil, otherwise the ASX rules would not discriminate between Direct and Indirect shares.
Who can tell where the funds came from, these are not publicly listed and available for scrutiny.
We do know they do not have funds to repay the "loan", nor to return the "asset" that was sold. Additionally it was reported that one of the companies was in administration.