CGB cann global limited

A question for the knockers

  1. 1,960 Posts.
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    Can i please ask you all what exactly it is that you do not like about QBL.

    Do you think an operation where the resource is literally that close to the surface that you could dig it out of the ground with a shovel or bobcat is too difficult?

    Do you think the grades of 29 - 33% alumina to 2.9% silica is no good?

    Do you think Capex of $5 million to get this resource into production is too much?

    Do you think that the JORC figures released today which will almost certainly increase is disappointing bearing in mind it represents an indicated figure from only 1% of the tenement?

    Do you think 25 kms is too far from the port?

    Do you think that given there is $4 million in cash that an enterprise value of $9 million is excessive?

    All i can query is the JORC myself but please enlighten me.

    Thankyou.
 
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