KMN 4.00% 12.0¢ kings minerals nl

no hope with no cash

  1. 1,703 Posts.
    Well SDG did say that the next stop will be administration. I can't agree more! These guys are stuffed with only a little over $1 million left and no hope of raising any more in this climate.

    Looks like just another penny dreadful that will get mothballed and maybe picked up again in a few years time. In the meantime the shareholder who had some hope now has no hope. Pack it in boys the show is over and you may as well take what you can. It reminds me of another one GAU, we were told of the big things that were going to happen and just take a gander now.
 
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