SBM 2.08% 24.5¢ st barbara limited

Ann: KIN: Kin Plans $13M Rights Issue & Rejects NBIO from SBM, page-7

  1. 2,980 Posts.
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    Is it worth re-offering the 16c per share for Kin Mining? SBM currently own 18% of Kin, with 866M ordinary shares on issue. The shares are currently 7.7c, and they have $6.1M in cash as at 31 March 2022 according to their 7 June 2022. Also according to the June announcement they have a 1.28Moz JORC Resource.

    Delphi Unternehmensberatung AG own 30% of Kin, so if SBM get them on board to sell first...
 
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