KBL 0.00% 0.1¢ kbl mining limited

KBL For Sale, page-7

  1. 3,803 Posts.
    lightbulb Created with Sketch. 96
    Dilution, but we already are diluted pretty badly. What you want is a medium sized well managed undervalued company that is backed by banks, but I am probably dreaming, it depends on the due diligence I suppose. We all just chipped in $5 million, so hopefully it is borderline, it is sad that they made us do that before going under. As well as this, maybe a large Chinese player was using L1 Capital, as it said Cayman Island account, or maybe that was just them.

    What I am worried about is the article said they are care and maintenance. You would think they should be mining asap.
    Last edited by Money_Maker: 17/10/16
 
watchlist Created with Sketch. Add KBL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.