GOLD 0.51% $1,391.7 gold futures

Thanks giddiyup I do not follow KRM much because I do not like...

  1. 11,111 Posts.
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    Thanks giddiyup

    I do not follow KRM much because I do not like to invest in Indonesia, and in the past KRM seemed overvalued for its small expected production.

    KRM's gold deposit has excellent grade which should make them a low cost producer so long as they can meet production targets (40-50k ounces pa). They are forecasting an AISC under USD800, but as you note we will have to see what their quarterly reports say about meeting this target.

    Good luck

    loki
 
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