KAB 0.00% 0.1¢ kaboko mining limited

Yes. Noble was mentioned. Im lead to believe that "Empire" will...

  1. 7,746 Posts.
    Yes. Noble was mentioned. Im lead to believe that "Empire" will hold their shares that they will be paid for brokering the deal.

    It really isn't a bad deal. Details are vague. But nothing jumps out and says "danger". Yes, their was no mention of interest rates. But still, it will be better than a dilutionary event.

    I've mentioned the PLV situation before. Binding agreement fell through. This is why we see poor market reaction to a basically good and very important step forward. Because it isn't gauranteed yet.

    Get that $5.5mil in the bank and KAB becomes seriously de-risked. Do that and you will see sp growth. So right now it's a bet on that.

    What do people think of Noble? Can't hurt to get a new board member. Might bring some transparency.
 
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