KBL 0.00% 0.1¢ kbl mining limited

I don't know maybe because its Friday and Im in an optimistic...

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  1. 2,659 Posts.
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    I don't know maybe because its Friday and Im in an optimistic mood but I think this could be the turnaround point. We all know that this company is struggling under crippling dept and loan repayments and MASSIVE dilution. However if the are able to put together credible loan restructure and consolidate this would potentially help get the monkey off our backs that have messing around with the stock price. Further more there has been massive demand for this stock,typically 700 m on the buy side, (albeit cheap) which I still don't profess to fully understand but I assume somebody know something. Finally there have spend a huge amount of money on their plant upgrading and making it more versatile. If there were going to throw in the towel I can't see that they would have bothered.

    Anyway this all speculation until Tuesday when we find out more, but speculation is half the fun.
 
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Currently unlisted public company.

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