QBL have 7000m2 of Bauxite Projects QBL have around 7 projects, (not just South Johnstone) The exploration target is about to be Upgraded even higher They are just 18 km from a deepwater shipping port They are cashed up Pnina Feldman has all the creds and Shalom has the guts and savvy to be able to pull this off Their Geologist Robert Coenraads has 30 years experience, has written 4 international books and published 40 papers Bauxite gets turned into Alumina, the price of which is rising, and stockpiles dwindling China's stockpile may be exhausted over the next 12 months
"Windfall profits" for shareholders (not my words..... Proactive Investors words!!!)
Short trip to Gladstone for refineries and a smelter QBL's exploration target will be much more than a competitor ABX (hovering around 30 cents) QBL are compared to FMG which rose from 1 c to $12 in 4 years
"It’s a genuinely rare occasion to find a cash-backed, microcap company, with big name management.
It’s even rarer to find one that’s soon to release watershed follow up exploration results in a commodity that’s about to attract some serious attention.
We’d be surprised if there were already no serious interest from Chinese or Asian bauxite buyers..........
If results are as strong as anticipated, it’s blue sky and big profits for investors."
Guys, if all this doesn't convince you; I give up. However, as always, make your own decisions as neither Proactive Investors nor I am your investment advisor
ABX Price at posting:
30.0¢ Sentiment: None Disclosure: Not Held
FMG Price at posting:
$2.47 Sentiment: None Disclosure: Not Held
QBL Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
