RMS takeover talks with SBM, page-13

The major shareholder seems to be ready to finance the ‘systematic’ approach, true. Let’s hope he doesn’t run out of the patience that you commend. But at some stage there has to be a trigger that creates value, rather then destroying it. The share price is the ultimate indicator and it has gone backwards for months.

My own view is that the Harmanis departure was a massive blow, probably an unanticipated one, and it has pushed KIN into a very tight corner. What’s the strategy now, beyond the Germans paying for more exploration and waiting for a bid? Talk of building our own mill is fanciful in the foreseeable future, surely, unless they are going to fund that too.