Ann: QBL Secures $2.88M Development Facility, page-2

Sounds like really good news , everything on track for shipping in fourth QTR.


• Independent Sign off on JORC Resource Upgrade for the MDL area expected imminently, following the finalisation of the recent extensive independent testing and auditing of Company’s modeling and results to date


• Operational plan, environmental studies and works for the mineral development license application (MDLA) have now concluded. Formal application documentation being finalised currently.


• The Granting of a MDL would enable immediate shipping of bauxite from the South Johnstone Bauxite Project, with the goal of proving the feasibility and viability of the South Johnstone Bauxite Project for the long term