The intelligent Investor downgraded KRM to sell this morning which I presume will bring in a few sellers in the short term. On a positive note their reasoning was almost completely to do with how unpredictable the gold price is and how hard their analyst is finding it to predict anything in the gold mining space rather than any specific issue with KRM's latest report or plans. I suspect it's to do with running of patience also, since they've had KRM as a buy for a few years now with a steadily declining share price.
GL,
pb
Ann: June 2016 Quarterly Activities & Cashflow Report-KRM.AX, page-3
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