Doug, it would come from directors insurance, but having money...

Doug, it would come from directors insurance, but having money in kitty is handy because company may get dragged in at margin, eg supplying records etc. The last two Quarterlies and the Anns are just lies about the mine and the financial position. Don't think Dawes could help it. The whole Board would be defendants not just Dawes, he was the chief misleader but they all let it happen. Need either Slater & Gordon or Maurice Blackburn to take an interest. Those two do Class Actions with litigation funding (take 30%) so nobody has to put money in. The Prospectus says other than a few debt claims the Board has received no forewarning of any possible legal claim here, which says they have not yet heard peep from any shareholder or they would have to disclose it. Very passive bunch so far, KMC shareholders. ASIC is a toothless tiger and only intersted in big end, so no hope of prosecutions here.