Lordolean...where are finding that there is bad news only on that front? My understanding was KRM were still working towards fully accessing the splay vein grades etc.
Gold price near $1,480AUD now...the sell off from 60c in July seems well overdone. In AUD terms, KRM will bank at least another $3,000,000 just on the gold price appreciation.
Then there are higher grades expected as per the announcement on 21/11, The grade is expected to improve as the main sources of production are brought on line over the next 2 months.
AND ....new high grade finds close by as per the announcement on the 27/11
yet the share price has more than halved?
It cant be price concerns as KRM is a low cost producer.
KRM Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
