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3.39% 6.1¢ kin mining nl

Ann: Leonora Gold Project Update, page-66

  1. Chill
    3,058 Posts.
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    11/04/18
    12:36
    Post #: 32375215
    Anyone care to shed some light on what this means?

    “This decision has been necessitated by an expected increase in the existing pre- production capital cost estimate for the LGP.”

    Not an “unexpected” increase. So if it’s expected, they had prior knowledge.  Maybe weeks or months ago, but the 16 Mar announcement suggests otherwise.  Why wasn’t this addressed weeks ago?

    Continuous disclosure failed. ASIC, grow a pair and do your job.
    Last edited by Chill: 11/04/18
    KIN Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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