next announcement , page-18

Trade2win,

Thanks for the info.

That at least clarifies things leaving alot to look forward too.

I am sure i read in the last announcement that the cashburn rate for this quarter was going to be around $400k. Might be wrong.

Unfortunately, its too late too sift around now.

Sugbess,

If they can upgrade the reserve and grade whats the problem with CR?? What!!! Do you believe in something for nothing?

Wakeup!!!

Who gives a toss about the CR if the grades and reserves are there? Thats why we are waiting for the next couple of announcements and then more than likely they will be aiming for CR. Might even be to make a placement with attached options like they did in the past to reward LT holders and also when they secured the Norseman Asset.

Pretty basic stuff to me at this early stage of KAL's projects. Not even interested in its NPV at this stage.

Goodnight.

Cheers markco2