They should be shut down fall stop as none of this should have happened. I can see why SBM was throwing money around but none went to this crew. Read it with an open mind and mainly focus on that table on page 7. Check the figures and what they achieve also note they didn't include $1.2mill for the first plant payment which I initially missed as they wrote it down as a "sunk cost". It's a cost for the build. It's like building a house but not including the cost of the concrete slab just because you poured it few months back. The highlighted bit below it just covers the scope Como were given. Also note what's been excluded in the exclusions as they're not freeby items.
I still think they are currently proceeding with the best course of action to save this project. The share price has dropped because they stuff it in the DFS. If they'd only borrow $50mill to start with I think they could have pulled it off.
- Forums
- ASX - By Stock
- SAVE KIN -The truth bombshell has arrived - BOOM .
They should be shut down fall stop as none of this should have...
-
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KIN (ASX) to my watchlist
|
|||||
Last
5.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.15M |
Open | High | Low | Value | Volume |
5.8¢ | 5.9¢ | 5.7¢ | $25.42K | 443.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 157375 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 500000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 57375 | 0.056 |
1 | 15000 | 0.055 |
2 | 28555 | 0.054 |
2 | 49282 | 0.052 |
1 | 20000 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 500000 | 1 |
0.060 | 473782 | 3 |
0.061 | 294436 | 1 |
0.062 | 116949 | 2 |
0.064 | 87679 | 3 |
Last trade - 14.31pm 02/08/2024 (20 minute delay) ? |
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
KIN (ASX) Chart |