Having the BHP Deal is absolutely hugely significant , that catalyst sent the SP up to 6c , its the SH value erosion that occurs swiftly afterward each time that stings.... as we all know its a game of snakes and ladders but these guys hit a lot of snakes and there are few ladders... Other than the actual value of circa $20m with the BHP deal is the credibility it lent to KRM ,, that specific announcement should have been the solid platform to push value upward from, instead the SP just slid back to the 3's? it seemed little effort was coordinated to push higher by gaining considerable media attention and more importantly, INVESTOR attention..
No Rome was not built in a day but it burnt and fell in 3 days.... NZT
It would seem KRM has all of the individual pieces to actually become a successful Explorer / Miner but they are scattered on the workshop floor,,, with instructions that say "Lots of assembly required"
My opinion is that the Marketing and Investor Relations has been weak , plus lengthy delays regarding environmental issues that were well known and well documented,,,
I did like the comment from Fabian that he realises the Company/Management are living off SH funds,, rarely CEO's admit to this and he understands SH want to see commercial application of SH funds... there has been mention that Management has looked at over 170 projects.... this has been over a considerable amount of time now so upon recognising the perfect target they must understand a heck of a lot will be expected of them,,, just to make up for the dead money time here ,,generating nothing...NZT
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