I think it’s a big ‘if’ they get this AB deal done. A $30m IPO for an asset they paid $5m for a few years ago. An asset they’ve been unable to progress or raise the funds (no interest or success from Australia or China other than useless MOU) required to progress the project.
It’s a high risk bet. If it works out as per the plan I’ll be amazed. It all comes down to the team in Canada IMO, Matt & Co will be bystanders.
Ann: Kimberley Mining TSX-V Listing Update, page-45
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