Australia's largest stock trading and investment forum Australia's #1 stock forum

KBL

Click for more information

0.00%

0.1¢ kbl mining limited

What a day, page-3

First 3 Last

Share
Profile

Follow
sailfish

1,247 Posts.

6

16/08/16

00:37

Post #: 18524023
Share

Originally posted by bakerrrrrr ↑

You and I have similar questions that we'd like management to answer, but I think the picture is too tight to SHs. Been thinking this through a bit and I reckon management are in the position of (1) needing North Portia approved, this is critical, (2) approval needs to be timed so they can basically move from the last of Portia ore stockpiles to mining the North, and (3) when all this issuing of shares and CRs are finished (lets hope we get there) they will eventually do a consolidation by half, so that those of us who doubled our shares through the options issue will just be back where we started in terms of volume held and to be honest if that happened to me I wouldn't have lost too much from the options deal if I could sell them at cost (obviously more would be good). So whilst its far from a good situation for SHs, the damage would be less than it could have been. All my random thoughts and assumptions.
Looking back, its not a project that I wanted, but I'm not taking the loss now, so Ill wait it out.

Expand

Management seem like snakes!

They announce good news followed by a share issue a few hours later, terrible...

KBL Price at posting: 0.4¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

RBL

Recce scores $6.75M R&D rebate

RSG

HotCopper reacts as Resolute Mining told to pay US$160M if it wants its CEO back

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

DLM

Biome reaches intellectual property milestone in strain development program

HAW

Yangibana 33% complete says Hastings, as it provides clarification on funding

First 3 Last

Add KBL (ASX) to my watchlist