Hi gsmaree,
I read your post early this morning and responded in haste because I had a full day and needed to be out the door quick.
On re-reading your post, I realised that I failed to address your concern about my focus on the companies debt position. Did i miss something or are we talking about a mining company here? I mean, did KBL adopt some kind of high tech business model that allows them to ignore short term cash flow requirements in order to build up 1 billion users/followers etc or are they still dependent on ore being mined, processed and sold??
If I haven't missed anything, please advise why you think it is not idiotic to ignore the fact that KBL has limited resources than can be mined profitably and huge debts that need to be repaid rather soon?
Since when has been OK to ignore future income stream vs short term cash flow requirements?
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