Pretty good summary JB
Think shareprice now underpinned by their future plans / gold price increases and recent placements at current levels should see a price appreciation when the pro's decide to move it higher
Denpal - thanks for your questions , its most certainly risk appetite but the rewards could be 100% + in a matter of days, weeks, or months and KBL actually made an EBITDA of over 4 million last quarter so with no more operational interruptions i think we should be looking rosey going forward- im all for turnaround stories as these sorts of issues can happpen in terms of slippages or flooding - it will be interesting to see what they do next with Sorby Hills Silver deposit as Mineral Hills will take care of itself now - they plan to continue to expand their GOLD exposure to generate more cash and pay back the debt which they state they will be debt free by end of this year so 4 months away - quite an accomplishment IMO
PS The upgraded CIL plant 350ktpa is a very good thing as KBL can generate additional revenue by accommodating other mining companies processing requirements - nice one IMO
Also, Feel free to discuss KBL on the thread i stated and ill try and bring updates on their progress as they come to hand - i will eventually make contact with company to get some further reassurances in terms of Sorby Hill and finacial projections 6 to 12 months out from now
cheers Schu