KCN 1.61% $1.58 kingsgate consolidated limited.

I'm sure it's customary to get a quote in advance for the coming...

  1. 10,522 Posts.
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    I'm sure it's customary to get a quote in advance for the coming year's fees from your current auditor and if it's not acceptable to you then you put the job out to tender - RSK especially would be all over this, he's not going to accept an audit cost that's not competitive and I'm sure if you started to compare other gold mining companies both here and overseas you'd find what PWC is charging us is competitive and I don't think Management issues really come into it or even these audit qualifications as the fees are fixed and only extra work requested by management would increase the overall fee.
    Obviously when we were sitting on our hands for six years without any production or income then the fees are much lower as there's no operational production to audit.
 
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