ASQ 0.00% 3.3¢ australian silica quartz group ltd

TTC we have been through this once before, I know you are a QBL...

  1. 3,083 Posts.
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    TTC we have been through this once before, I know you are a QBL holder it doesn't mean you can still stick your finger in MATE !

    QBL's maiden( from 3% of a 400sqm tenement ) inferred JORC is over 30mt, IT could very easily go above 300 mt .
    They are ahead by 120 km on land and 6 days ahead @ sea ( to China )
    Bau is in a law suit with current share holders where most likely the money
    in the bank (40 mil) will go.
    As for grades QBL's 25.3% alumina was leached @ low temp samples have been sent for higher temp leaching which should increase alumina up to 35% Most of Chinese alumina refineries work with high temp...
    Sorry mate for getting a little defensive, diversification is always a good thing but for now like someone has already pointed out QBL is the poster boy of Bauxite !
    Last edited by buda: 15/06/14
 
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