Santoo, you might think its a great announcement but the market has spoken....no change in valuation of the company. Now thats not all bad, it could have crashed out of existance, people are basically saying its sounds ok but there are a lot of unanswered questions and we will wait and see if they can walk the talk. Announcing a debt facility and not disclosing the interest rate was a killer for me. Making deals to sell a resource before you have even defined what you have is also a concern.
KAB remains highly speculative with the OKAP link remaining a dark and odorous cloud hanging over it. If Brewer was serious about KAB and making it profitable for shareholders he would sever connections with OKAP and concentrate full time on KAB.
KAB Price at posting:
1.4¢ Sentiment: Sell Disclosure: Held
