KRM 8.33% 3.9¢ kingsrose mining limited

Ann: Way Linggo Project Update , page-4

  1. 2,962 Posts.
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    maybe, glass half full versus half empty..but things that are always in the future do not always come to pass...meanwhile the reality is that debt is running up in the short term meaning any further slippage will be very bad......and the recent events surrounding the expropriation of australian mining projects in Indonesia makes me wary of this forestry licence issue.....not to mention the fact that at some stage we are going to have to sell down majority control of the project to the locals and I cannot imagine that the terms will be favourable to KRM.....

    just a few thinsg to chew on....I suspect the stock wont go back above $1 until the 40k rate is achieved...
 
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