That is true, bloody hell, the management is smart enough to know if the mine will be profitable or not before buying the mine. With copper at $7,000 and above they should by in profit and if not why are shareholders funding this project??? Management gets paid really well regardless how much money they have in the bank... no probs shareholders are happy to help :(.
I think the company is cheap at these levels.
KBL Price at posting:
4.7¢ Sentiment: None Disclosure: Held
