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3,058 Posts.

152

09/04/18

15:22

Post #: 32322604
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Originally posted by KentJC ↑

Hard to get into specifics without giving him up, but he said he'd be surprised if they are producing this year. Issues with equipment and turnover of workers. His words were "they are doing the best they can with what they've got". Everything trying to be done cheaply when cheap causes it's own problems. Wish it was better news.

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I think many here have accepted that production won’t be until Q1 2019 so that is already factored in IMO. They have a stack of dollars ($8-10m) for drill program and $5m in contingency capex.

KIN Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
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