OTCQX:CBLLF - Post by User
Comment by
abrahamincon Aug 28, 2019 1:35pm
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Post# 30075568
RE:RE:RE:RE:RE:Spoke to Anson and KBLT, Read 4 Seperate reports and it'deal
RE:RE:RE:RE:RE:Spoke to Anson and KBLT, Read 4 Seperate reports and it'deal
Ramu is a mine + Refinery, a integrated operation with exploration upside and high standing on the low cost curve. The dilution ratio on expansion in Ramu is also extremely favourable to KBLT as a shareholders. If we decide stay at Status quo expansion our revenues double with a 30% dilution. It's a great deal for minority stakeholders. My point being that it's definitely not a shell company. Thanks. All the best.