CAPITAL MARKETS

KBL headache worsens as AGM gets pushed back

KBL Mining has adjourned its annual general meeting as shareholders digest a number of unusual recent developments, including possible backdoor dealings by its Cobar Basin neighbour Kidman Resources.

Andrew Duffy
KBL headache worsens as AGM gets pushed back

The decision to push back the AGM follows Kidman’s move last week to acquire KBL’s $A12.6 million debt from Capri Trading. Along with the debt, secured over KBL’s assets that are adjacent to Kidman’s...

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