KRM 5.26% 4.0¢ kingsrose mining limited

Ann: Quarterly Activities Report , page-2

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  1. 22,971 Posts.
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    Both quarterly reports are as expected and the company has done well
    in conserving cash by cutting back on drilling and other exs.

    Cash and bullion at the end of the quarter is $10.3 million and with Talang Santo
    back in action in March, we should be pouring serious metal by Easter.

    The silver hedge is due to be retired in Feb which will also help.

    The big relief is that a CR will not be neccessary.

    Cheers and good luck to long term holders.

    Moorookamick
 
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