Alarm bells rang when they annouced high grades at one mine then walk away from it for the lower grades of a different mine/pit. Nobody does that unless the initial results were not as promising as announced. And what about all the stockpiles and presold ore. Nothing added up other than the salaries.
Even the funding didnt add up. Fully funded but we will borrow from Celtic and high interest loans even though Noble money is enough. And we will advance future Noble tranches even though we dont need the money. And btw the moneys gone and our doors are closed.
KAB Price at posting:
0.1¢ Sentiment: Sell Disclosure: Held
