KAB kaboko mining limited

proactive artilce and general thoughts , page-4

  1. 500 Posts.
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    Santoo said
    "market cap of the company is not a respectable $10M.

    This would not be possible to reach if it was not the high grade high quality ore that has been announced numerous times by the company, last but not least the managing director speech"

    What do you mean by "reaching" a market cap of $10mill?, if it had been reached by earning money then it might be considered respectible. but KABs market cap is due to capital raised by issuing more shares. The market cap of URA/KAB would be a small fraction of the money injected by investors over the years, because they have never made any money themselves ( waiting for a comeback about the sale of samples ).They have just raised money and blown it. That is very unrespectable, because the idea of capitalism is that you make money and RETURN it to investors.

 
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