KBL 0.00% 0.1¢ kbl mining limited

Ann: Trading Halt-KBL.AX, page-30

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  1. 9,074 Posts.
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    Im only guessing, but I dont think they will go into VA.

    The creditors would lose everything. Quintana has security over the assets. Creditors are unsecured. unless there was some deal done offering security to creditors that we dont know about, and I dont think the quintana board members would agree to that.

    I see a renegotiated payment schedule.

    Unless Quintana wants to sell or run a mine, there is no winners in VA.
 
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