KAB 0.00% 0.1¢ kaboko mining limited

re: Ann: Quarterly Activities Report and Appe... Whoever made...

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  1. 7,747 Posts.
    re: Ann: Quarterly Activities Report and Appe... Whoever made the 100% pullback call might have just fluked it. Was a big call. We were at 0.8c then spiked to 1.5c and now pullback to 0.8c but I suspect it was a lucky guess.

    On the day, I thought the spike was crazy and the ann was a rehash of earlier announcements. Add in this now too predictable delay. It was obvious that the market got ahead of itself. That day was easy money to sell into.

    I notice silence since the report came out without a hint of Noble ever having been a shareholder.

    I suspect the reference to CCC relates to the KAB JV. We still have further financial committments under the JV agreement. Just propping up CCC since we will not use Durban as a route.

    Im glad the other JV fell through after KAB due diligence. It looked marginal and no better than our existing leases.
 
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