KBL 0.00% 0.1¢ kbl mining limited

In laymans terms..., page-23

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    lightbulb Created with Sketch. 5
    Was just about to post the same thing. It is essentially an NSR across Mineral Hill production.

    The deal was clearly pretty bad, however if you look into the history caused by an even worse structured $10M secured (across essentially all their assets) note; you would appreciate why the deal was made an was actually pretty good at the time.
 
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