I agree.....It would be ridiculous for them to allow the deal to fall over for a couple of hundred K, but as it stands, the minimum raising acceptable to Geolord to complete to deal still only leaves them with approx. $1 million in the kitty ( if I am reading the documents correctly) which is a paltry amount for the lease commitments and on going exploration. They intend to place the shortfall shares to raise the remaining $5 million over the next few months (according to the shortfall issue document) which will require something spectacular to happen to be remotely successful.
Hoping for the best!
Cheers
Dan
KIN Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
