trading halt, page-15

The Speculator taking a position doesn't instil any confidence with me, particularly as he sold down TRF to fund it, a company much closer to making profits then what QHL are.

Whoopdy do that $40 mill revenue is expected in the coming years, what does that actually provide in PROFIT. For all we know the costs could be $45 mill and we make no profit as that $5 mill is covered by grants or the like.

Until QHL actually realise a profit creating a product from their processes, they will simply be a cash draining R&D company with a lot of if's but's and maybe's.

The potential is there, but they seem no closer to realising it.