The results were dissapointed guys. It is below peers comercial DSO grade. It is not HC hype but the proactive article and lack of researching/understanding by retail investor. Read back the ASX report you can feel the emphasize of how big and how close to port but when it comes to grade, they seem not want to talk about it. I think I read somewhere that Chinese smelters prefer low temperature processing and QBL said high temperature. That makes 30% grade bauxite ore from WA are exportable due to low Si and low temp processing.. This one is no where close to be a winner. Sorry lesson learnt.
QBL Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
