In laymans terms..., page-17

KBL's current debt is around the 11 million mark, if everything goes to plan in this quarter they will be debt free at the end of September and in profit, with the price of gold rising set to break through $1400 per ounce in the near term based on the current US economic situation and uncertainty with the US dollar.

KBL has excellent fundamentals in the near term except for the huge amount shares on issue, although still undervalued with the current market cap of 8 million for a gold producer. High risk / return situation.