KAB 0.00% 0.1¢ kaboko mining limited

valuing kab, page-7

  1. 165 Posts.
    Martin, as regards taking up our option we don't know, however if things are going well the Vendor company is often happy to take a stake, eg placement shares with options etc., in our company. Hence the difficulty in making potential valuations.
    Scorp, the 5% factor will be more important after we get a JORC announcement. Sophisticated investors may have little knowledge of our company and are quite happy to sell their 5 or 10million shares for say 2.5c and book a 25 or 50k gain with their free options intact. Our company will receive around $6million before next June from eventual conversions.

    In my humble opinion, things are going very well and slow steady rises are much better than pump and dumps. Cheers
 
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