KRM 5.00% 3.8¢ kingsrose mining limited

KRM Media Thread, page-32

  1. 2,923 Posts.
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    Thats a good listen. Confirms Penikat the slow burner which will be the company maker all going well.

    My key takeouts:

    Way Lingo looks to be a done deal

    Knowns - the timelines for drill permits at Penikat, potential Dec'23. Although plenty happening on ground and ESG Environmental work ongoing. Mapping and sampling surface expressions to varify historic drill results. Re-assays show 10-20% higher than historical assays.

    Porsanger - Geophysics and plans for drilling decision imminent, so I assume the SAMI decision has not impacted there.

    Another Nickel/Copper acquisition (not a pump lithium rock chip bubble) primary focus Scandanavia/Canada. They have ring fenced 3 years of funds to get Penikat up maiden resource and scooping study/metallurgy. Very picky about the next acquisition (has to be exceptional)

 
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