KRM kingsrose mining limited
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Ann: Kingsrose Raises A$8m in Share Placement , page-2

  1. moorookamick
    23,928 Posts.
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    18/02/14
    13:46
    Post #: 12950991
    This $8 mil CR is moderate considering that we have a new management team
    and it indicates that the company will likely be back in production as per recent ann.

    With the POG being $1460 AUD and trending upwards, KRM once back in full production should accumulate cash quickly and see EPS rise to 10c+.

    Shareholders have now done the heavy lifting so there is an onus now on the new CEO to perform and pour gold.

    We need to see the a 40K oz rate by June and a 60K oz rate by this time next year.

    Cheers
    moorookamick
    KRM Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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3.3¢ 		Change
0.003(10.0%) 		Mkt cap ! $24.86M
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3.1¢ 3.3¢ 3.0¢ $82.30K 2.598M

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