KGL News: Will KGL Resources (ASX:KGL) Spend Its Cash Wisely? - 15th Feb 2023, 7:36am

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Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse.

So should KGL Resources (ASX:KGL) shareholders be worried abou...

>>> Read more: Will KGL Resources (ASX:KGL) Spend Its Cash Wisely?
 
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