Wonder when we will get in info on this from the announcement in Novemeber:
"Further to the Company’s announcement of 25 July 2014, Kaboko Mining Limited (ASX: KAB) (Kaboko or the Company) advises that Noble Resources Limited (Noble) served a statutory demand on the Company for immediate repayment of US$6.3m. Kaboko made an application to the court to set aside the statutory demand and this has been listed for a hearing at a special appointment on 20 January 2015.
The Company has approached Noble to discuss a possible a commercial settlement and will update the market with any material progress."
KAB Price at posting:
0.1¢ Sentiment: Sell Disclosure: Held