drilling results, page-3

I personally believed from the start, and expressed here many times, that the finance deal is going to be make or break for kaboko.

The project looks attractive and the upside is clear, but without the money coming in with good terms, shareholder will probably see little value.

The company announced not long ago that the debt financing, deal is on track, so far that has not changed, so we wait and see if this happen.

Then the company announced a "proposed" capital raising with quite generous fees this time around, does that mean the finance deal is over? or the company is juts having a plan B in case the finance negotiations fall over?

In absence from any communication from the company we don't know what is going to happen, surely June is going to bring some news that help us see where the company is going.

As for the drilling results, we sure want to see some good assays, however, it is fair to ask why the company has not announced to the ASX that that drilling has started.