KBL 0.00% 0.1¢ kbl mining limited

Ann: Revenue Generation Recommences-KBL.AX, page-109

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  1. 351 Posts.
    I calculate there are interest charges on the KBLGA notes of $684K per 6 months or $114.000 per month.
    Average production for April/May was 2820 oz so interest cost /oz was $40.43 oz
    EBITDA April/May averaged $1.4M, say $1.3M after interest.

    So if they can meet this production and the gold and silver prices hold, July-December earns $7.8M to pay down creditors and pay for development.
 
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