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5.6¢ kin mining nl

Again Whyyyyy another valid point and observation - however from...

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susan86

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86

31/10/18

15:39

Post #: 36335361
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Originally posted by whyyyyyyyy ↑

Yes but isn't that the problem with KINs initial plan and what current management are saying. GCY borrowed twice as much for the build which reflects a more accurate cost than KINs figures plus they still needed to raise more to keep the show on the road. All current management are doing is making sure it all adds up before getting to a stage where they need to raise additional funds to bail themselves out or go into receivership. More of a do it now rather than later scenario as the impact is less severe. Having to double down and raise circa $40-50mill to bail it out 3/4 of the way in doesn't seem viable to me and would guarantee the white flag is raised.

You say sproule's build was fully underwritten but really it's not. It's only if it came in on budget and the only way anyone seems to come in on budget is if they borrow twice as much as they think they need.

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Again Whyyyyy another valid point and observation - however from whose point of view? We will know the truth soon. BTW can KIN or Andrew Munckton show us SH of KIN the COMO report please??

KIN Price at posting: 8.5¢ Sentiment: Hold Disclosure: Held
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Last 5.6¢		Change -0.002(3.45%)		Mkt cap ! $65.97M

Open	High	Low	Value	Volume
5.8¢	5.8¢	5.6¢	$12.51K	219.8K

Buyers (Bids)

No.	Vol.	Price($)
4	443745	5.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.7¢	331868	1

View Market Depth

No.	Vol.	Price($)
4	443745	0.056
2	59818	0.055
2	47592	0.054
1	188000	0.053
3	71282	0.052

Price($)	Vol.	No.
0.057	331868	1
0.059	348298	2
0.060	462353	2
0.061	75000	1
0.062	16949	1

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