IMO KRM wont need a loan because:
(a) Cash at end of Qtr was $8.6 mil
(b) Forecast expenditure for Dec Qtr is $11.6 mil
(c) Sept Qtr report said "It is anticipated that mining rates from the
Way Linggo mine will continue at current levels " (4238 0Z AU Gold Equiv)
(d) Way Linggo will likely be producing before 31st Dec
If POG remains at current $1650 Aud/oz, this means that cash at
end of Dec will be at least $4 mil. It could be significantly more because forecasters are forecasting a lift in the POG & silver between now and Jan.
With kind regards
Moorookamick
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Last
4.5¢ |
Change
0.003(7.14%) |
Mkt cap ! $31.60M |
Open | High | Low | Value | Volume |
4.2¢ | 4.5¢ | 4.2¢ | $11.72K | 272.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 225521 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 33097 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 225521 | 0.041 |
3 | 72393 | 0.040 |
1 | 150000 | 0.039 |
2 | 63421 | 0.038 |
1 | 100000 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 33097 | 1 |
0.045 | 361129 | 2 |
0.048 | 100000 | 1 |
0.049 | 159999 | 1 |
0.050 | 375001 | 4 |
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