QBL Well Prepared COMMENCE MINING at South Johnston, as soon as the first deal is signed as planned.
Queensland Bauxite Limited
the 27 of april
VISITOR FEEDBACK;
Over the past couple of weeks, there has been some comments or questions about the Bauxite project and the logistics and whether QBL has made appropriate arrangements.
REPLY - QBL is well prepared to commence mining at South Johnston as soon as the first deal is signed.
MOURILYAN PORT AUTHORITY
On the 10/02/2015, QBL signed an H.O.A. with the Mourilyan Port Authority to ship a minimum of 800,000 tonnes of bauxite per annum from their port facility. The arrangement allows for full utilisation of the port infrastructure including F.O.B. costs. (getting the ore onto the ships)
The Port of Mourilyan is located 15-24klm west, by road, of the South Johnston mine site and has excellent road connections.
Logistics - Transportation/ore processing
The bauxite mineralisation at South Johnstone being close to the surface and right off the main highway adjacent to the port, close to Asian markets, means that the Company's capital and operational costs are estimated to be of the lowest cost producers in the world. As per the Company's released scoping study, capital expenditure is expected to be only approximately $5 million dollars, and operating expenditure is expected to be only AUD$20.87 per tonne FOB Mourilyan Harbour.
LAST WEEKS ALUMINIUM/BAUXITE NEWS; Aluminium prices rallied to their highest since 2011 as the US dollar fell and Rio Tinto declared force majeure on some customer contracts after the United States imposed sanctions on its Russian partner Rusal.
SEE QBL-board on the 3 latest gamechanging posts this week.
Here you have the possibility to take advantage on facts and info from QBL. Like the QBL on ASX website chapter, who can provide verified facts; here is regulated on-line stockbrokers suggestion, no games info and a good sum up. Contact information to the QBL Investor service, who can reply on questions.
https://www.queenslandbauxite.com/
Read More: https://investorshangout.com/post/view?id=503...z5EvFimU00
Queensland Bauxite Limited
the 27 of april
VISITOR FEEDBACK;
Over the past couple of weeks, there has been some comments or questions about the Bauxite project and the logistics and whether QBL has made appropriate arrangements.
REPLY - QBL is well prepared to commence mining at South Johnston as soon as the first deal is signed.
MOURILYAN PORT AUTHORITY
On the 10/02/2015, QBL signed an H.O.A. with the Mourilyan Port Authority to ship a minimum of 800,000 tonnes of bauxite per annum from their port facility. The arrangement allows for full utilisation of the port infrastructure including F.O.B. costs. (getting the ore onto the ships)
The Port of Mourilyan is located 15-24klm west, by road, of the South Johnston mine site and has excellent road connections.
Logistics - Transportation/ore processing
The bauxite mineralisation at South Johnstone being close to the surface and right off the main highway adjacent to the port, close to Asian markets, means that the Company's capital and operational costs are estimated to be of the lowest cost producers in the world. As per the Company's released scoping study, capital expenditure is expected to be only approximately $5 million dollars, and operating expenditure is expected to be only AUD$20.87 per tonne FOB Mourilyan Harbour.
LAST WEEKS ALUMINIUM/BAUXITE NEWS; Aluminium prices rallied to their highest since 2011 as the US dollar fell and Rio Tinto declared force majeure on some customer contracts after the United States imposed sanctions on its Russian partner Rusal.
SEE QBL-board on the 3 latest gamechanging posts this week.
Here you have the possibility to take advantage on facts and info from QBL. Like the QBL on ASX website chapter, who can provide verified facts; here is regulated on-line stockbrokers suggestion, no games info and a good sum up. Contact information to the QBL Investor service, who can reply on questions.
https://www.queenslandbauxite.com/
Read More: https://investorshangout.com/post/view?id=503...z5EvFimU00
Robert
