KBL 0.00% 0.1¢ kbl mining limited

I don't say it doesn't have a chance going out backwards, it...

  1. 11,997 Posts.
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    I don't say it doesn't have a chance going out backwards, it does , but its not as gloomy as you paint. They do not have to pay quintana 23mil US

    I suggest you read up on the quintana debt and how its repaid/reported, It was discussed heavily here at the time the deal was done.
    yes they produce concentrate for now, but suggest you read up on what they will be producing later this year and the associated recoveries.

    other than that I agree, they may not make it. But if they can extend the resource for the pit then they have a chance to clear their debt. If the gold isn't there so be it. They will struggle ,
    nothing more nothing less.
 
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