Yes they said the sale was in its latter stages, a Brazilian bank was holding things up but they were hopeful of completion around the end of May......
So if KM are not misleading in anyway then its almost done!!!!!!!!!
However
Are they playing out what they need too?
If they are indeed stalling they would have to carry on with the :story:
At this rate we ALL know are mine is going up in value month on month...
But again, and i do stress this, the mine is only worth what somebody is willing to pay and their top offer was talked at $230m which has been in the sale process for a long time and we guess they took the offer up when the NI price was in the 5's
So what i am saying is, i am HOPING that KM are story telling the market and we hopefully relist.
IF IT RELISTED TOMORROW THEY WOULD HAVE THEIR TRUE VALUATION BACK TOWARD WHAT THEY WANT IN 48HRS..
No money in bank yet means NO sale yet...Thats why i have HOPE, albeit very small
MBN Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held