M & A opportunity

  1. 1,781 Posts.
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    Since KRB is looking to invest its 11m$ in cash in an operating mine KBL seems to be an outstanding opportunity to do so as KBL seeks to quickly refinance its 12 m $ debt due in march 2015.

    KBR should either do a merger or provide some 10 m $ in cash for a 50 % stake in the company. As soon as KBL can inplement the gold circuit the Mineral Hill mine will be huge cash cow for both KRB and KBL generating nice dividends.

    In my opinion this is one of those opportunities which shouldn't be missed by KRB management.

    I hope you read this, Leon!
 
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