KAB 0.00% 0.1¢ kaboko mining limited

they may just do it., page-8

  1. 3,534 Posts.
    lightbulb Created with Sketch. 8
    No, I didn't say it will produce 20,000t/month but saying it takes 20,000t delivery to pay back the $4m loan and the number is just approximate. If it can produce 10,000t as it said for Noble, it will take 2 months to pay the loan. All is approximate here and I try to round up as much as possible. So once the $4m loan is paid, the time in between before second tranche of money, will it get paid from Noble for the ore delivered? Obviously yes, it wont wait for many quarters in without any payment for the ores as you said it needs to raise cash for that 5Q's.

    Jason is gone. KAB deserves a better look imo.
 
watchlist Created with Sketch. Add KAB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.