re: Ann: First Sale to Noble Group and Furthe... KIWI,Perhaps I...

re: Ann: First Sale to Noble Group and Furthe... KIWI,
Perhaps I am as gullible as Noble.
Noble is keen on the project....It is paying ahead of schedule without penalizing KAB....It is giving a helping hand to avoid massive dilution.
They are in a better position than you & I to understand the economies of their venture with KAB.
The problem is that we claim to have better acumen than a major....Modesty is a virtue.
I admit that I don't have full grasp of the future prospects of KAB....But quite comfortable that Noble is neither pulling out the plug, nor leaving KAB to fend for itself & raise cash at detrimental prices.
Remember we are talking about a mutt with a handsome MC of $5m.....Not a market darling by any means.