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6.5¢ kin mining nl

You are over-interpreting. The subtle change in language is...

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30/10/23

10:50

Post #: 70610230
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Originally posted by RooBendigo: ↑

"Independent external review and targeting exercise" ... I imagine you only need an independent external review to mediate between two parties, for example to put a value on an agreement with Genesis. Why else would Kin need an independent assessment of its own assets?

I am wondering if we will see something like what happened with SBM ... Kin shareholders get GMD shares for Cardinia plus retain Kin shares with cash and some tenements.

I was wondering how there could have been an agreement with Genesis that was solid enough to allow Kin to give up its DCN leverage, but provisional enough to not need an announcement. Subject to independent external assessment and subject to GMD obtaining 100% of DCN might make sense.

Change in language also about production ... "monetise assets". Plus there won't be an MD until it is clear what Kin will look like.

Of course I might be over-interpreting.

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You are over-interpreting. The subtle change in language is probably the result of a different person writing or reviewing the announcement (AM has gone) and with over $20 million in the bank it is logical that they have a think about what they can do.

KIN Price at posting: 5.6¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 6.5¢		Change -0.001(1.52%)		Mkt cap ! $76.58M

Open	High	Low	Value	Volume
6.6¢	6.6¢	6.5¢	$7.11K	108.4K

Buyers (Bids)

No.	Vol.	Price($)
2	455107	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.6¢	80000	1

View Market Depth

No.	Vol.	Price($)
2	455107	0.065
1	39000	0.064
3	634999	0.062
3	127167	0.061
3	322833	0.060

Price($)	Vol.	No.
0.066	80000	1
0.067	200000	1
0.068	703000	3
0.070	250000	2
0.071	291000	1

Last trade - 11.40am 14/05/2024 (20 minute delay)


Last 6.5¢			Change -0.001 ( 2.99 %)
Open	High		Low	Volume
6.5¢	6.7¢		6.5¢	215724
Last updated 14.00pm 14/05/2024 ?

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