KGL 5.21% 9.1¢ kgl resources limited

good news coming soon, page-41

  1. 7,746 Posts.
    They stated they have already converted our cash into US and Euro(ann 8/2/2011). They achieved above parity. So any further appreciation in AU$ will not benefit us.

    If you are refering to interest? then presumably we have $70mil earning us some handy income in an account somewhere waiting to be drawn down. That would more than cover the low cash burn while waiting and twiddling our thumbs.

 
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