From memory, Quintana hold a substantial part of the equity in KBL, possibly in options, so they have an interest in keeping the thing going and coming out of administration. Of course their main interest is to keep it producing to satisfy their streaming contract. However they have a much less lucrative streaming contract for the life of mine. It will be interesting to see the final outcome.
KBL Price at posting:
0.1¢ Sentiment: None Disclosure: Held