KIN 5.56% 5.7¢ kin mining nl

Rights Issue, page-4

  1. 3,014 Posts.
    lightbulb Created with Sketch. 195
    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!
    Last edited by coalboy: 20/06/18
 
watchlist Created with Sketch. Add KIN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.