Hi KIWI,I like & respect your posts.I must admit you know a lot...

Hi KIWI,
I like & respect your posts.
I must admit you know a lot of history about URA/KAB....but living in the past will never let us look to the future with a neutral eye.
Who are we blaming or begrudging.
# The old Uran management that destroyed a lot of wealth.
# Impondo for "stealing" the precious URA....it was already dead & buried.
# OKAP for getting rich on KAB's expense.
I have no baggage with the old darling URA...it was a dog with fleas before the manganese venture.
What we have now is a near producer with the backup of a major.
It is a myth that KAB is "cheap" at a market cap of under $4m ,but it has an EV of around 15m taking the various debt into account.
Many a small mining outfit would be lucky to trade at cash backing.
What I am trying to say is that the market actually puts a decent value to KAB's assets.....I can name tens of penny dreadfuls that are trading below their cash backing.....These are the ones with bleak future.
If someone can come up with a reasonable argument that the past history of URA is going to stop KAB from having a viable operation in Zambia ,I am all ears.
Bad history ,Yes....Poor prognosis ,No.
Not trying to be argumentative...just reasonable.