KRL 0.00% 14.5¢ kangaroo resources limited

so, what to do now?, page-8

  1. 193 Posts.
    Well we might not get announcements from KRL but at least Bayan is keeping its shareholders in the loop as to conditions on the ground.

    2012 Guidance and 4th Quarter 2011 from Bayan's website suggest that a bridge collapsed in the river affecting 4th quarter sales, that Bayan have got financing (more than targeted) for this year, and that Bayan is spending up big on infrastructure this year - including Pakar South.

    According to their guidance they are budgeting 500,000 tonnes from Mamahak this year and 900,000 - 1million tonnes from Pakar.

    Has some quite interesting information about the status of the equity ownership in the concessions, comparisons about strip ratios for the different mines, etc...

    Worth a read...
 
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