There's also the small issue of whether the Kin ore would ever have made a buck going through the DCN mill. At about 1.3g ore it's very skinny, and with haulage to DCN and milling (on what terms!) it'd be marginal at best I think. No margin for error anyway. What's next for Kin? Cash will remain tight over this quarter with exploration, overheads and repaying the Delhi $3m loan all cash out the door and even tighter if DCN go for a capital raise. They could go for $50m so for KinDelhi to not dilute would be another $5m! All that after raising say $8m now in Feb and probably coming back again cap in hand in April/May.
KIN Price at posting:
5.3¢ Sentiment: Hold Disclosure: Held
