KAB kaboko mining limited

More on financing:If I remember rightly, the company has its own...

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    More on financing:

    If I remember rightly, the company has its own drill rig, which reduces drilling costs. The company has already done work on the site - it has constructed a lab and bought trucks, etc. So the $5m is for completion. Also, they have a stockpile of ore already, which they can sell for further development. And some of the 3c options will be converted later in the year.
 
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Currently unlisted public company.

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