KAB 0.00% 0.1¢ kaboko mining limited

10m debt funding 10yr offtake w noble group, page-37

  1. 929 Posts.
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    Comments focusing on where this stock might be in 6 to 12 months time are somewhat misleading.

    By all means hope for the best, but surely the focus has to be much more short term?

    Hasn’t Noble just paid $500k to have a closer look at the operations & books and if they don’t like what they find they can then get their $500k back?

    If Noble doesn’t like what they see or KAB can’t get it together in time – then what?

    Also when did KAB get the $500k – prior or after the end of June? It just says it was already drawn.
 
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