KAS 0.00% 1.5¢ kasbah resources limited

Ann: Suspension from Official Quotation-KAS.AX, page-8

  1. 1,972 Posts.
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    I bought into this share a few years ago and when it started going down to almost nothing, kept it aside and was prepared to write it off. It seems strange that a shareholder with a relatively large parcel would dump this share when it is in the verge of production. In its response to the ASX, points 14 onwards, advises that over the last eight months it has been in discussions with other parties and nothing has been finalised and this is an ongoing agenda and no effect on price.
    Looking at the estimated cost of production and current prices of tin, it is a profitable venture and we hope that production commences soon which will be of benefit to shareholders who could do with some good news.
 
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