I would be very weary of this stock now. It is never a good look when emerging producers start having capital raisings right at the point when they should be making money. Also, the company seems very reluctant to release data showing how much the plant has made or lost.
Still think KBL has good prospects (pearse and sorry hills) but I think it may be burning cash at the moment (admittedly I haven't been through the quarterlies with a fine tooth comb though).
DYOR.
KBL Price at posting:
16.0¢ Sentiment: None Disclosure: Not Held
