How could that be correct when the sale of Mineral hill and retaining Sorby Hills is part of the DOCA proposal that was agreed on by all creditors including Quintana? The kpmg (administrators) website has all the info about the process and they are the people representing all stake holders of KBL.
There is currently an amendment being considered to the DOCA which would allow it to proceed. As stated in the latest announcement the are a couple of proponents interested in providing capital to get us back up and running. The said they will be providing additional details soon.
KBL Price at posting:
0.1¢ Sentiment: None Disclosure: Held
