How can KBL generate free cash when they are locked into a metal streaming agreement until 2019? 24% of all payable metal is gone to Quintana at significantly reduced market prices. Mineral Hill, although a profitable little mine, will struggle to pay for the corporate costs of the KBL Board and the capital to grow the mine. Hence the reason why the company has significant debit even after they received $23M from Quintana. The numbers don't added!
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How can KBL generate free cash when they are locked into a metal...
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