KRM 5.71% 3.7¢ kingsrose mining limited

Ann: Revised Production Guidance & Operational Update, page-8

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  1. 449 Posts.
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    Lordolean...where are finding that there is bad news only on that front? My understanding was KRM were still working towards fully accessing the splay vein grades etc.

    Gold price near $1,480AUD now...the sell off from 60c in July seems well overdone. In AUD terms, KRM will bank at least another $3,000,000 just on the gold price appreciation.

    Then there are higher grades expected as per the announcement on 21/11,
    The grade is expected to improve as the main sources of production are brought on line over the next 2 months.

    AND ....new high grade finds close by as per the announcement on the 27/11

    yet the share price has more than halved?

    It cant be price concerns as KRM is a low cost producer.
 
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Last
3.7¢
Change
0.002(5.71%)
Mkt cap ! $27.88M
Open High Low Value Volume
3.7¢ 3.8¢ 3.6¢ $3.712K 102.0K

Buyers (Bids)

No. Vol. Price($)
1 204129 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 349999 1
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