What is to become of QBL?
MCL has a good looking future with our 'everything' Cannabis umbrella. VitaSeeds, VitaHemp, VitaCann, growing license, import, working on potential export, seed bank, Australian grown and Owned, a real push towards MCL, retail picking up - mass exposure through Coles with some good products that I would genuinely use for general health and medicinal use (I broke my back a few years ago so anything to help with pain and health is welcomed, luckily I live somewhere where I can get cannabis products whenever I want legally but for those that cannot these products do help to improve health and quality of life), Canada legalising - even a tiny bite into any legalised cannabis market can be very profitable. Don't forget all the ties to a number of other companies that are helping MCL get to where they want to be - EndoCro, CannTab, AlgaeTec to name some (all of which are busy doing thing with us and doing their own things and chasing success). I could go on but I will be shot down for ramping so I'll leave MCL as is, I am sure thought that holders are informed and on the ball when it comes to MCL.
As for QBL, the recent movements in regard to the Bauxite team being in China and finding some interest in South Johnstone is great news, but is it enough to turn QBL into stand-alone profit making company? South Johnstone is a good mine that ticks the boxes, most importantly excellent logistics, bauxite in the ground, potential Chinese interest, close proximity to Innisfail so that may lower employee transportation costs.....but do we have any other bauxite related streams? Is New England still a thing? Are we still serious about mining or do we really want to go towards cannabis? Can QBL stand alongside MCL? Does MCL need QBL to prop it up in case of slow growth or dips in production or profits as mining can provide that steady income in the back ground (if done right). If both are done right we are a formidable force! though we do have a track record of things not been done right....
To sum up, my questions are: are we QBL with a cannabis arm called MCL or MCL with a bauxite mining arm called QBL or QBL and MCL two separate but connected companies? What do we want as share holders?
I have held for over a year and I am long on QBL, I rode it up and I rode it back down. A lot was promised late last year that did not come to fruition, but I believe we are back on track - there are things happening!!
All IMO. All of this is just my observation based on what info is out there I am not ramping just putting it our there
to see what QBL holders think and want.
cheers