Santoo, you might think its a great announcement but the market has spoken....no change in valuation of the company. Now thats not all bad, it could have crashed out of existance, people are basically saying its sounds ok but there are a lot of unanswered questions and we will wait and see if they can walk the talk. Announcing a debt facility and not disclosing the interest rate was a killer for me. Making deals to sell a resource before you have even defined what you have is also a concern.
KAB remains highly speculative with the OKAP link remaining a dark and odorous cloud hanging over it.
If Brewer was serious about KAB and making it profitable for shareholders he would sever connections with OKAP and concentrate full time on KAB.
- Forums
- ASX - By Stock
- KAB
- santoo2 - have a great holiday
santoo2 - have a great holiday, page-117
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla