KGL 9.38% 10.5¢ kgl resources limited

set to move 30-40% tommorow , page-7

  1. 5,079 Posts.
    yes the vote was always going to get the nod.

    I supposed it all now depends on how the finance is going to be done.

    I mean they will get finance, that is not the question,
    how they will structure this is the question

    how much dilution will there be, will shareholders be offered another go, will the sp be held back till details are known,

    don't forget we need another $55 mill after that for production costs.

    Good prospect but some rather larger questions to be answered yet.

    Obviously Maquarie will be a player but how will it effect shareholders.

    How many shares will be on issue when it is in production.

    Great prospect, will be a little uncertain till we know more details,

    anyone up for a guess on more details.
 
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