So what you are implying is that the executive chairman Dixon, the CFO, the co sec/non ex and the project manager didn’t know a thing about the costing of the project? If that was the case what were they doing and why are we trusting them now?
if there was something amiss don’t you think the pragmatic thing would have been to have cancelled the presentation and not then put themselves in a position where they might mislead the market by declaring a false outlook? The quote at the end by Dixon himself says it all. People would have made investment decisions based on this.
This is an EXECUTIVE chairman of a publicly listed company we are talking about! He should be held accountable for his actions or lack of. It’s when things go bad that you see the real makings/talent of a person. Right now I personally have lost all faith in him and regardless of his shareholding should not be on the board of the company. He is now back doing Tenements let him to do what he is good at on the proviso he does not interfere with the project and board.
KIN Price at posting:
7.9¢ Sentiment: Hold Disclosure: Held
(20min delay)