But it was a significant Australian ground breaking agreement......

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Stringking

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08/09/20

10:41

Post #: 47166051
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Originally posted by Neil1959: ↑

Hi @Stringking. From what I can see in the announcement the AEB deal with MCL was for shares only. I am not sure if any cultivars were transferred. You would need to contact the company for that information.
https://wcsecure.weblink.com.au/pdf/QBL/01936903.pdf

Hi @Aussie Eagle,

Mate, in my own personal research as an investor in mining resources, I did do a little more research on the Bauxite story in Australia, and the prevailing conditions, globally in the S&D for Bauxite resources back when CGB (QBL) jumped on board with Bauxite in February 2011.

Just a few things I found that might be of interest.

From global commodity reports, that Bauxite demand/production was strong leading into 2010 - 2011. It appears that it was a good time to get into Bauxite mining back then; IMO.

View attachment 2459372

The last major report from CGB (QBL) back in April 2018 also showed significant global interest for Bauxite especially from the Chinese and interest was rising, from what I can read.

View attachment 2459411
The Trump/Turnbull/China Trade wars then hit and spoiled the apple for everyone in 2018, within months of CGB (QBL) releasing its report.

Three interesting articles from June 2018, Sept 2018 and May 2020 (Timeline).

Did CGB (QBL) have its back up against it, for trade negotiations with China for an offtake agreement?

View attachment 2459429
View attachment 2459426

View attachment 2459432

Some food for thought Aussie. Like you, I am watching each report to see what they do with their mining.
https://wcsecure.weblink.com.au/pdf/CGB/02275478.pdf Page 7.

Cheers....59

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But it was a significant Australian ground breaking agreement... Hindsight hurts.

CGB Price at posting: 0.4¢ Sentiment: Sell Disclosure: Not Held
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But it was a significant Australian ground breaking agreement......

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