KBL 0.00% 0.1¢ kbl mining limited

Ann: Appendix 3B-KBL.AX, page-9

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  1. 172 Posts.
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    Given the relative success of the the options issue (40%) oversubscribed you have to wonder whether they could have done an overall rights issue 1:1 at $0.006 (sp was .008 at the time) with a free option as a sweetener and raised $7m. Far more cash raised with less dilution. Too late now!
 
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