You may well be right, but KIN hasn’t provided any real clarification on why the board was happy to accept Harper’s resignation or push out Sproule, who was previously presented as the guy who would deliver on the technical plan.
They’re not obliged to give us all a fuller picture and no doubt larger shareholders are more in the know. But for the rest of us, a little speculation is inevitable. Was it a difference of opinion over where to drill next? A disagreement over remuneration or incentive plans? Some kind of problem in how the construction of the plant was being planned? Or a simple breakdown in relations between the old guard and the newcomers as KIN gets close to pouring gold?
I haven’t sold a share through the current spat, so I hope you are right to downplay the boardroom politics!
Cheers
KIN Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held
