shorts run for cover on $300m loan news., page-24

KML has around 2.8 billion in debt - they are currently struggling to pay the interest as per recent quarterly

GBG has no debt and has around 40 million in the bank

GBG currently has 1,493,660,842 shares on issue

If we base solely on GBG's cash value, its at 2.7c per share

GBG's currently trading at 4.8c per share, meaning the market's currently valuing their share of KML (48%) to be worth around $31.6 million

But then again, how can you even value a producing asset that is currently struggling to make ends meet and is continuously losing money?

On that account, I foresee the share price to approach GBG's cash value, ie. 2.7c in the near future.