KRL
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0.00% 14.5¢ kangaroo resources limited

re: Ann: KRL secures 300,000 t off-take contr... The...

  1. niksniks
    193 Posts.
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    18/03/11
    17:07
    Post #: 8131178
    re: Ann: KRL secures 300,000 t off-take contr... The announcement is for "up to" 300,000 tonnes over the 2011 calendar year.
    So we shouldn't be expecting the company to reach 300,000 tonnes. Also, we have 9 months to go (not 12).
    Further, I gather from the quarterly report that production hasn't started yet.

    Congratulations to the company on giving shareholders an idea of timeframes for the Bayan deal, and giving us some (albeit limited) idea of what's going on with Mamahak.



    KRL Price at posting: 12.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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