QBL - Aluminium/Bauxite hits a 7-year high ! Timi
Post# of 63699
This is very good newd for QBL and was what I expected;now QBL is set up for a very strong second half of 2018 and 2019 !
Do your due dilligence about QBLs Bauxite assets; they are huge !!! 40 km of coast with shovel ready bauxite right at railroad tracks on there property. Just load it on board a ship at the harbour and off directly to the buyer.
With very low Capex and Opex - this will be a profitable operation.
No middlehands and easy access in there own deposits.
One more thing; they are without debt and have close to 10 million dollars cash.
With 2 different Revenue streams, this is a special Company; QBL is majority shareholder of MCL; they sell HEMP now and MMJ suite of Products within 12 weeks or less (See QBL-Media). HEMP/MMJ on one side and mining on the other. QBL will only do the mining part, they get passive reveneue of 55% of revenues from MCL sales.
https://www.facebook.com/queenslandbauxitelimited/
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