kaboko mining concludes us$3 million debt faci, page-56

"..neither have the in depth knowledge nor carry any baggage "

Put aside the knowledge 3500, I find the "carrying baggage" remarks is indeed quite relevant.

nathanblack! you said:

"Also understand that the vendor still gets progress/milestone payments. ie more shares as certain milestones are achieved. So their is a fair bit of debt and dilution about."

Do you like to shed some lights on this statement, if you are stating this a fact, please show us official announcement or clarify your sources, we need to see details of these milestones to determine its effect on kaboko finances.

kiwi67

The road to to Peco has been constructed already, where did you get your information that it needs upgrading ?

If you do some research and read the company announcement, you will find It is all done mate!