For anyone interested in the total costs of the Tindalo debacle here is an extract from an ann. made by KIK to the ASX at 7.55pm this evening:-
"As a result of the abandonment of the Tindalo well,the net costs associated with Kairiki's share of the project from inception of approximately US$30million will be written off at 31 December 2010"
Ouch! (expletive belongs here but I'm not putting one in) We shouldn't have to rely on KIK to release this info!
ANZ
tindalo update, page-40
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