KBL 0.00% 0.1¢ kbl mining limited

My estimate is that free cash is approx 6.5M per quarter and my...

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    My estimate is that free cash is approx 6.5M per quarter and my estimate last quarter results was pretty close. This allows for Quintana's streaming.

    Streaming means they supply product to repay the Qunitana investment, so the exchange rate does not matter. Metal prices are low so it is not as good a deal for Quintana as it could have been.

    Management expects cashflow to payout creditors and I think they are right.

    They were on a tight ship, so haul road collapse means they need more cash than budgeted.

    Paying out creditors is important and management are right to give it priority.
 
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