KBL 0.00% 0.1¢ kbl mining limited

Ann: Mineral Hill Operations Update and Funding Arrangements-KBL.AX, page-39

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  1. 1,918 Posts.
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    Stevie they don't make enough to pay debt...
    It's costing them us700 c1 ( probably us1000 c3)
    They have to give 25% of gold at cost price us 290 to Quintana so they loosing money there (us 400)
    Don't forget when they borrowed money from Quintana au dollar was stronger , now costing even more with exchange rates ) ...they know they screwed up that's why looking at their last option ( dads & mums money)...
    If not succeed close the shop ...simple
 
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