KBL 0.00% 0.1¢ kbl mining limited

Ann: Convertible Note Funding, page-13

  1. 1,589 Posts.
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    Quintana likely ranks as a creditor, so you may be doubling up the streaming obligation.

    The important point is that agreement has been reached so that creditors will be paid from cashflow. Estimates are that this will take a few months.

    Main product is gold which is on the up and likely a good up. Same for silver. Future production includes copper, zinc and lead which are up 10-30% in the last 2 months.

    Looks like management has got things under control and the current SP drop is the result of mainly of newly issued shares being liquidated and also some existing holders giving up on KBL.

    Buyers are likely existing shareholders such as myself increasing their holdings.
 
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Currently unlisted public company.

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