They will need to raise cash heading into the drill will be interesting how they go about raising the capital as it will have to be quick especially if Gindara goes over budget KIKs share of rig costs will be in the region of ~A$85,000. So my bet they will not do a placement until after the GM on the 16th May they need to get the incentive options ticked off before they stiff current shareholders.
KIK Price at posting:
2.9¢ Sentiment: None Disclosure: Held
