KAB kaboko mining limited

tick tick tick kaboom, page-24

  1. 5,657 Posts.
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    Scorp. You are the prefect pirate fleet investor. lol.

    Objectivity? What objectivity.

    Notice that you didn't both commenting on the road trains needed to get the "180,000" to port some 800km away.
    I bet you haven't even checked google map to see the quality of the roads.

    I bet you don't care that the institutional and sophisticated investors got a 26% discount (2c) @2.7c. And that there is another 148m shares and options.

    I'm sure it makes no difference at all the the mines that are to supply this "180,000kt" aren't even JORC and that you will never see a BFS.

    I'm sure that the MASSIVE blow out in time lines in EVERY THING that is Okap crew has anything to do with, will never happen here.

    Here's another tip.
    When claiming humble pie. Maybe you should make sure that you are not at a retrancement of 61.8% fib.
    Would be more convincing that way.

    This is not a procession to own. It's a company to value. If you can not fill in these gaps. Well........Sad face for you.

    Funding costs.
    Dilution. (These boys love it. Just wait to you read an Annual. share based wages and oppie. shares for consulting. Shares for everything)
    Transport costs. (This will be huge given the distance to port)
    Mine cost.
    Infrastructural cost.
    Tax. (30% and 3% royalties by the way)

    Answer these questions. If you can't, your a gambler.

    (21c with in two weeks)

    All the above is my opinion, as listening to people on forums will cost you money.

 
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