krm class action, page-5

IMO, The company should have informed the shareholders of potential water problems as far back as Sept 2012 (Fatality happened then) if the worker was drowned. We were not told the cause of death. We were told that an off-duty employee was drowned in the river a month later.

There was only mention of Talang Santo drill cores being washed out which was presented then as a positive due to it being interpreted as a probability of a higher grade than that indicated by the core samples.

I agree that if significant information about water problems as far back as September 2012 was known & not disclosed to the market that shareholders ought to have a reasonable case to sue the board/management.

If ASIC determines that KRM was remiss in not fully informing the market in a timely/comprehensive
manner , particularly if the September 2012 worker was drowned, then, IMO, there would be a reasonable prospect for a class action.