Ok still trying to get my head around KBL .... so say KBL has 6.4billion shares (bond holdings + opts all exercised)
( from the 1.2billion 3c ex opts it raises 36mill ??)
Now do a 10:1 consolidation KBL commands 640mill shares outstanding ...what price would KBL command 10c -20c ?
if Gold and Silver continue to trend higher >> which i think they will to new AUD highs
I understood mineral hill has good potential to have several more years of minable resources from Pearse North, plus the prospective targets of Jack’s Hut and A, B, G and H Lodes within the Southern Ore Zone (SOZ)...
--production profile --rough est - 40koz Gold eqiv(ag,cu credits etc) x $600oz AUD EBIT margin =24mill p.a
Then the 75% owned near surface Sorby "LEAD" silver,zinc project ....stage 1 will see 20,000t of lead and 24t of silver produced p.a...= 46mill gross for the Lead 16.1mill for the silver ...guessing zinc would be around 5,000t pure guess off grading so extra $13-$14mill ...... now mostly likely KBL will farm down their interest to say 50% ... 37.8mill gross cash-flow
High Risk on debt capital restructure ...but good upside on production project re-rate
