It depends on what kind of debt facility and on what terms dw101.
I have held kab on and off for while now and I kow they have a very promising project, high quality product, customer already signed and all.
All kab needs is development funds and all should be smooth sailing.
As I always said, If the expected funding deal is a good one with not too much dilution attached then kab is a winner IMHO, on the other hand, if it is a La Jolla type deal then I am less enthusiastic and certainly will re-assess my position.
Will be interesting to watch what can they pull out of their hat, should not be too long now!
Cheers!
KAB Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held