Carabella Res Ltd Nsw CBLLF

RE:very problematic

[lumpy13]

First, thanks for reporting this news. I hadn't seen it and there has been no mention of the robbery on KBLT's website. That being said, even if all the stolen cobalt belongs to KBLT, it is less than 4% of its total holding and it is highly likely the loss will be covered by insurance, hence the impact on the company is minimal (unless I'm missing something). If so, it could present a nice buying opportunity given that the share price is down over 40% since its 4 month high (but recognizing it had two fundings at then dilutive share prices but substantially higher than the current price).