I am not sure I completely agree with spending money on 100k m of drilling unless it is needed for the mine plan in the first 3 years ... which I do not think it is. I would prefer to fund drilling after payback from cashflow than from shareholders funds.
I think that the nature of this company being started and substantially owned by exploration geos is driving this decision and a board ran by mining engineers and accountants might differ in strategy.
Happy to be proved wrong and the right discoveries positively impacting the share price would be the best way to do that.
KIN Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held
