If they were to tell us something (anything) that is realistic about what happened earlier this year wrt the indefinite stoppage of plant construction and the consequent COMO outcomes in some level of detail then it may garner a whisker of confidence in burnt investors. Reading between the lines this raise is clearly about KIN trying to survive and get out of the hole they have dug for themselves .
Unless they come up with some very good continuous grades (not at depth ) and engage a proven gold plant EPCM company with decades of experience to pull them out of this self constructed financial abyss , it is hard to imagine much confidence will be raised.
As Roo has pointed out still many questions , and I doubt on past performance we will get few answers before (or after) the raise . They are in survival mode from what I can see ........such a pity!
I think we all know who the characters are ?..........lol!
- Forums
- ASX - By Stock
- KIN
- Rights Issue
Rights Issue, page-4
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KIN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online