KRL 0.00% 14.5¢ kangaroo resources limited

th, page-75

  1. 1,563 Posts.
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    Tibi

    why sell a coal mine to buy another???

    doesnt make business sense????

    The only reason IMHO I think they offered GPK in the first place was for money to develop other more lucrative resources.

    EG they had to many mines
    Mamahak
    GPK
    Tanur Jayur
    Kubah Indah

    all great assets and resources but to many for such a small cap company.

    In essence if they sacrificed 1 they could satifactory develop the others into cash producing ventures.

    ironically even buying back into that one at a later date.

    Now, if they find JV partner with Cash. why sell anything
    infact, they could fast track the above and acquire more as well as upgrade mamahak etc.

    I think this companies announcement will blow us away
    Well I hope so

    Sid, I think is right - Acquisition
    ListerWa I think is right - no sale of GPK
    Really, I think is right (LOL) PLN deal
    Bungy , I think is right JV - Maybe Billionaire brothers.
    roySolder, I think is right explore Kubah Indah and Mamahak more
    ohhh and i love OSMO's posts even if they have to be deciphered lol....

    If a few of the above happens guys the price is heading North and quick..

    The excitiment is building.





 
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