Buying cash as the MC is below Cash Holding ,, BHP JV has value , 2500km2 of tenements has value
Management have devalued the Cash No value attributed to the JV and no value attributed to the tenements ,,,, so no skill set required there , No value attributed for Managements abilities. No liquidity , Mind you today is far higher than the zero Days...
I just wonder what advantage they can demonstrate in the procurement of another Project? would seem they are looking through the discard bin now that others have overlooked and turned down....
4 years ago ...
ASX Announcement 21 December 2021 HIGH GRADE PGE-COPPER-NICKEL MINERALISATION CONFIRMED AT THE PORSANGER PROJECT Kingsrose Mining Limited (ASX: KRM) (“Kingsrose” or the “Company”) has received the results of 24 rock chip samples collected from the Porsanger project in Norway. Results confirm the presence of outcropping PGE-copper-nickel mineralised intrusions, as well as high grade copper-silver mineralisation in quartz vein zones hosted in the country rock.
KRM Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)