Ann: Kin Mining to Acquire Leonora Gold Project , page-15

re: Ann: Kin Mining to Acquire Leonora Gold P... Hi SS

Naturally the company will present it as a great opportunity - that is a given.

I am aware that NAVs problems were bronzewig related, but Nav did attempt to do a Feasilibility study and Leonora and the costs were too high. they subsequently attempted to review this scale of the plant to reduce costs , but this wasn't deemed feasible either. As mentioned d this was in a higher gold price environment. I am not sure whether the second part was ann, but i often called the company to ask about Leonora, as it was the next growth project.

given you have the relationship with the MD, I would ask to see NAVs pre feasibility work on Leonora.

Perhaps NAV management had no idea - many would argue that was the case. Simply adding a little info to the discussion . I have no view on KIN , positive or negative