There is more dilution thats for sure ....but there will also be many more new Gold bars .
How many 4.2mill companies on the ASX current producing Gold ...would you rather have your money invested in cash hungry explorers SOC , CAV ....even SVL worth 78mill but has nil plans to produce a single oz of silver ...just a underground resource of Silver ...
7,500 ounces of gold and 100k ounces of silver during the September quarter planned ...
It's all about surviving at this point ...perfect world we would get a white knight cornerstone investor happy invest millions to wipe the debt issues ....IMHO this is bumping along the bottom ....Gold Silver look very likely to make all time highs in AUD before the year's out ...
KBL is far from over unlike many ASX micro caps in the same space
KBL Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
