KRM 2.13% 4.6¢ kingsrose mining limited

Ann: Ministry of Environment Permit for Drilling Penikat Project, page-41

  1. 12,885 Posts.
    lightbulb Created with Sketch. 1848
    EOFY will for sure be some TAX-LOSS selling .. poor PGM sentiment ..general weak market interest in resource stocks ..

    For me it's a patience game .. KRM with BHP backing + large cash backing and now Penikat enviro permit for exploration..

    I seen TM1 moved up 150%+ intraday on some low-grade PGM +Cu+Ti/V results

    We know the Penikat reef have very high grade PGMs drill results to date ..these kind of grades are very rare ..

    I think JULY will see some support floor come into the SP back in the high 4's and later 24 and certainly 2025 will be great time to be KRM S/H which IMHO is one of the lowest risk/reward exploration plays on the ASX..

    Hopefully, I add more shares before the market warms up to forward upsides

    In a macro sense commodities aren't expensive int he market... many Global economic factors are point to 70's repeat ..another Oil Crisis later this decade off the back of under investment?
    https://hotcopper.com.au/data/attachments/6263/6263273-0d6b8c380c8bf9b0449e20971bc9ea74.jpg

 
watchlist Created with Sketch. Add KRM (ASX) to my watchlist
(20min delay)
Last
4.6¢
Change
-0.001(2.13%)
Mkt cap ! $34.61M
Open High Low Value Volume
4.7¢ 4.7¢ 4.5¢ $11.28K 247.5K

Buyers (Bids)

No. Vol. Price($)
1 1000000 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.6¢ 70000 1
View Market Depth
Last trade - 15.18pm 26/07/2024 (20 minute delay) ?
KRM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.