Originally posted by whyyyyyyyy
We do have basic budget figures provided in the PFS and DFS. Compare them vs what they achieve/build method and incorporate also what's currently built and what it cost to get to that stage. Also compare what others in the industry have achieved. You think this maybe pointless but it's not.
You can argue your points as much as you like about this and that it's all irrelevant really just as much as you think my opinions are.
Chil I understand what your saying about when they knew what and I do agree with you as I've previously stated they must've known in advance but I also acknowledge that they need a report completed to back up there suspicions. 2 reports were conducted and both claimed the design wasn't flawed just the costing.
Honestly who would want to work for KIN it's obviously in trouble. I'm just calling it as I see it.
Susan86 over investing in a start up is high risk. Any text book will tell you this. Don't get mad if I point out the obvious to you. Learn from your mistakes.
Mmm, not sure if
a) you know what you are talking about or
b) trying to be smart or c
yes we do have the numbers provided for in the original DFS but no numbers from anywhere else. If you are saying find an approximate yard stick to measure it against then I don’t think you understand all the variables Involved. kin were trying to do something that only a few people can do and have done. Sproule is on a different level to you ordinary processing guy and that’s why even people such as Como don’t get it nevertheless the layman (or kind current board).
Harper and Sproule didn’t fail nor are they responsible for the current mess simply because they did not get the chance to finish off what they started. And until such time as anyone shows shareholders NUMBERS that show the differences between doing it the “Sproule” way v the conventional way broken down into line items and time frames I can’t see how people can say what is being communicated by the board is right.
I would trust Sproule and his team to build the mill over the current highly paid board supervisoring a group of highly paid consultants to manage highly paid contracts. That is where most of the price differences would ultimately lie. There is a massive difference in costs and time between being able to do something and managing someone who can.
I’ve been over the history of Sproule’s and Harpers resignations v the timing of the “significant cost blowouts” and it simply reinforces my thoughts about things.