Like you Roo, I am at a loss to understand what these increases in costs are and how the directors became aware of them.
They are talking about a raising of $11 mill with more to come. On a $35mill project that is an increase of between 30% and 50%. With the review done by SK?? prior to the DFS and the presumed due diligence done by Sprott, this sort of colossal f*up is not only unacceptable it is unbelievable. No matter how incompetent the board and its lackeys may have been this is not possible. Which then leaves the question of what game is being played here and by whom? I don't have the answers and am unsure where to get them but my Bullshit sensors are screaming to me.
KIN Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
