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Smoex

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10/01/18

15:19

Post #: 30197372
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Originally posted by Basileus ↑

At the risk of harping -

I think it would be good to see someone ask them about the $1.2m loan (consideration) to Volcan.

If Volcan have 189,000,000 QBL shares(annual report 2017) why don't they sell 19,000,000 of those shares (assume a 0.065 price) and repay the QBL shareholders what is rightfully theirs?

Simple question.

Volcan still owe the dollars to QBL holders and they have the means to repay that debt. Why don't they pay their debt?

They could return the sapphire ML1492 and provide QBL with the ability to offer it to the market, if QBL don't want it.

Why leave it with Volcan when they have paid nothing for it and continue to ignore their obligations irrespective of having the means to repay QBL? I would have thought that $1.2m would be handy in the QBL bank account.

Lets see how prompt they are with a response to that question.

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QBL Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
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QBL Facebook page open, page-8

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