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0.00% 0.1¢ kbl mining limited

Ann: Circular to Creditors and Noteholders-KBL.AX, page-14

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  1. pauljbo470
    9,074 Posts.
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    13/09/16
    15:24
    Post #: 19124369
    I believe part of the VA process is a forensic accountancy audit.

    They determine if the directors have acted illegaly (trading while insolvent etc)
    If there is a finding against the directors then shareholders may have a case.

    Also if their is anything deficient in the latest prospectus for shares (e.g. they withheld material information) you may also have a case.

    good luck
    KBL Price at posting: 0.2¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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