SAVE KIN -The truth bombshell has arrived - BOOM ., page-52

Add up what? We don’t have any numbers supplied from the Como report only the word significant. As stated before if that meant $5-10m more then that still could have been handled so much better than destroying the companies SP and then raising at very low levels to achieve a similar outcome. This is the issue, YES there may or not have been an increase in the cost of doing the original plan (+ time blow outs?) but we do not know what the quantitative estimates of those blow outs were. 

Instead Sproule and Dixon were most likely ousted purely because of politics and the new incumbents inherited something they couldn’t (still can’t) deal with. So what do they do? The old “yes minister” scenario- commission a report that has a predetermined outcome allowing them to “reassess” the issues. The new CEO comes in an reaffirms said position but with the twist of staying no task flaws!

meanwhile the SP gets hammered and they then have to raise money at very dilutive rates JUST to “restart a new DFS”. sorry but this strategy has nd will quite clearly cost us the shareholders money. The incumbents by playing the conservative line and undertaking a new DFS + More exploration (using big equity) have got it all wrong. The number of shares that will be on issue with no definitive cost and timelines means the SP will be savaged again as people wait for the next CR.

AM stated in the last presentation they couldn’t even supply the cost and timeframe to undertake a new DFS never less going into production. To early he said! Give me a day and I will cost the DFS and supply a timeline. 

there is a big difference between caution and inertia. Unfortunately the new board will suffocate the SP so that we the shareholders will be lucky to see a return to profit on our investments.