Good post Kiwi, I still like the potential of KAB although still concerned with Brewer and the OKAP link. For a company to suceed it needs a driven management wtih 100% committment. Brewer is a part time director with his fingers in too many pies...and on face value it seems he has far more to gain for OKAP to be profitable rather than KAB, or CCC for that matter. And you are right about not getting away with BS anymore. I still cant believe that they tried to make a big deal out of a debt facility without telling us the most important thing, the interest rate.. was it 10% , 20% who knows. I am sure he would have been shouting from the roof tops if it was 5%.
Yep time to deliver now, and even then it doesnt matter how profitable the mine is, shareholders need to know they will get a fair share of the pie, that is where they have some serious public relations work to do.
KAB Price at posting:
1.4¢ Sentiment: Sell Disclosure: Held
