No Roo ,The REAL question is whether this board have listened to it's shareholders or not !
I do not mean the few who own the most shares , but rather the majority of "real people" who invested their "hard earned" dollars that were earned by years of labour in KIN , based on continual announcements /presentations and assurances that KIN were "on track and on schedule" (are they familiar comments ? ) to deliver a gold producing plant by Christmas /Q1 2018.
You do not have to be rocket scientist to work out that the KIN situation (and SP) can easily be reversed by putting into place a revised project schedule and re-commitment to mine , which was announced just under 1 year ago :
At the moment the only commitment we have is to do :
- more drilling
- conduct more CR's adfinitum
- and quote : conduct "more studies" (plural)
- and continue to pay some extra ordinary salaries to some ( or many ?) for a company of this size
before making some nefarious decision 18 months into the future .............maybe !
If there is no change either by a new board or by some pro-active approach by changes within this board , then we are in a lot of trouble imo.
A board's role is not to manage , that role is for management !
It is clear from all of the information that has been provided that KIN has not functioned in this manner so until that changes ...nothing will change !
Good luck to all shareholders for tomorrow .........as there are no "winners" tomorrow and will not be until this company has been turned around back to where it was and beyond .
For a start salaries should be diluted at the same rate as shareholder wealth is diluted or increased accordingly , that's fair .
That formula usually gets r'ses into gear !!!
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No Roo , The REAL question is whether this board have listened...
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Price($) | Vol. | No. |
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0.059 | 341665 | 2 |
0.060 | 462353 | 2 |
0.061 | 75000 | 1 |
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