KMC 0.00% 0.6¢ kalgoorlie mining company ltd

reality check

  1. 1 Posts.
    IMHO i do not believe that the company is not nearing insolvency as being mentioned in below threads. Well all know the share price has taken a battering however has stared to regain momentum in the last week. Daws and bowman are both experienced campaigners and have major holdings and reputatons on the line and i do not think they will let this stock fall over. we have recently had a capital raising and also have been producing gold which leads me to think that that their is cash in the bank. If the production of gold was possibly unprofitable as mentioned below then the best thing would be to stall production as their is no need to give away our resouce for others to benifit. the key factor is getting the mill so that we can produce our own gold without giving profits to barrack.

    i have full faith in the kmc team.
 
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Currently unlisted public company.

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