I'm happy there's a communication professional appointed, that helps all holders. Invariably it'll help with local relations too.
However, labour is a growing cost base relative to KRMs - https://www.kingsrose.com/about#3708.
Staff burn rate per the last quarterly is $2.2m p/a, let's push that to at least $2.6m with the 2 latest appointments.
In context, this is approx. 8-10000m of diamond drilling.
Obviously not all projects or drilling are equal but I'd love to see explorers measured by all in cost per metre drilled.
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1 | 499700 | 0.049 |
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Price($) | Vol. | No. |
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