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whyyyyyyyy

285 Posts.

29

05/11/18

12:39

Post #: 36391083
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Originally posted by whyyyyyyyy ↑

Absolute legend. Cheers.

This will be good reading. Straight off the bat note they only included what they were told to include with the highlighted figure of $40mill with contingency included but the table states $38mill plus $5.6mill contingency for Total of $44.9mill. There's the first payment of the plant plus an extra amount for the refurb, relocation etc.

Yeh they had more money than just the Sprotts facilities but the budgets blown by $10mill or what Chil and I worked about 30%.

I think they had more chance of a spill without releasing this but I haven't finished it yet so it could change.

Problem with legal action is they don't have any money and they're technical not so far wrong in changing the plans. Legal action works against crews like CBA and BHP. But they definitely shouldn't have started this build.

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Actually they're leaving a payment for the mill out of the total still so it's plus $1.2mill. Can't not include it. Anyone a CPA here to disprove this.

KIN Price at posting: 8.2¢ Sentiment: None Disclosure: Not Held
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