KBL 0.00% 0.1¢ kbl mining limited

No MRI trading AG is a creditor. I never said it was part of the...

  1. 351 Posts.
    No MRI trading AG is a creditor. I never said it was part of the streaming although you might have misunderstood me or just got confused.

    What I said was that the streaming was a contingent liability and your figure of $71 M liabilities included the allowance for streaming which was not due until the metal was mined. So the liabilities included a contingent amount of ~$30M. This was clear from the Dec 2015 announcement, but not from your posts. Comments in another of your posts show that you understood this, but ignored the contingent liabilities of ~$30M when quoting your $71M total. The $71M was correct in that the contingent amount will eventually be paid. However 43% of the liabilities are contingent and this is not clear from your posts. The difference is material.

    DYOR
 
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