KAB 0.00% 0.1¢ kaboko mining limited

kaboko mining concludes us$3 million debt faci, page-92

  1. 7,747 Posts.
    Yes, plenty of negativity based on past actions. All justified imo. Not much has changed structural. The incestuous relationship between OKAP, Komodo, Vendors, etc still exist.

    The only difference is Noble is now onboard. But KAB hasn't gained credibilty from that because Noble was first mentioned in July. Delays and promises are still broken. That's whats gotta change.

    Also Noble have no shares. Management have minimal shares. That's not how the outfit operates. It's not how the real money is made.

    That has to change. They need an incentive for the sp to rise. Otherwise they will make money and shareholders wont.

    This 5-10days is another test of credibility. Sooner or later they must deliver on time.

    I like todays trading. Just to maintain the sp was a positive. It's risen a bit is was entitled to pull back today and didnt. That to me is a sign of confidence about the $3mil.
 
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