OTCQX:CBLLF - Post by User
Comment by
malloney25on Oct 24, 2019 7:59pm
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Post# 30267193
RE:RE:RE:Welcome o' Ramu !
RE:RE:RE:Welcome o' Ramu !I agree, KBLT trying to downplay the shutdown of 'Conic Metals' only potential source for cash flow. In fact the Ramu closing could fastly become a major threat. Conic could be on the hook for a serious cash call only to re-open the plant, let alone the planned expansion project. Best of luck with their mighty 5 Mio net cash on hand.
Meanwhile Pala seem in great haste to close down Cobalt 27 as quick as possible, then run with the valuable assets.
1.92 my azzz ....