KBL 0.00% 0.1¢ kbl mining limited

Ann: Revenue Generation Recommences-KBL.AX, page-62

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  1. 309 Posts.
    lightbulb Created with Sketch. 5
    CFO of a company being optimistic...well that's gotta give a guy a load of confidence and clearly it does for many!!

    Never mind the lack of resources to mine, the diminishing grade, the imminent debt repayment schedule and the overall MASSIVE debt position...let's ignore all that and just read the published interview which from memory didn't even mention that the bondholder debt was due in Feb 2017.

    Hey for completeness, i'd like to add that the company MAY BE ABLE to work its way out of the mess but not without a very dilutive capital raise and that will limit the upside potential of the share price
 
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Currently unlisted public company.

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