Why did we do the CR when they new this will come? WHY???
I am sure they had talks about the situation and they new there was not enough money to pay all.
The creditors and contractors better wait and help us to get out of this or they will loose even more. If the mining continues and we just postpone the payments we can get through this. There is gold in the ground and we can get it out quick.
Think what you will but the management did not do the right thing and paid themselves too much. I'd love to hear Mr Wall explanation what went wrong and why it wasn't addressed the correct way.
KBL has good assets but after this someone will buy the whole company pretty cheap.
I still hope we will get out of this.
KBL Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
