Ann: Leonora Gold Project Update, page-69

This in itself appears to be a misleading statement . Any reasonable person would consider that an "expected" increase should be contained within the project escalation and / or contingency costs allowed for in the budget.

Can't even get the announcement right . Maybe it should have read "unforeseen but now expected" increase.

One would think that SRK , etc., should be accountable here as well . This whole thing smells of incompetence at best . I bought in heavily based on the DFS and the Sprott finance backing to now be told that the DFS was incorrect and not within the industry accepted range for a Bankable Feasibility Study and hence the finance may now be in jeopardy.

A quick question :
Do Kin need to de-water an existing pit before they can commence mining that area?
(I seem to remember the fellow from Sprott mentioning such a thing (not specifically in relation to Kin) and at the time I wondered if the reference was to Kin.)