It was geotechnical problems and that’s the main reason that...

First 5 Last

Share
Profile

Follow
soarer

5,576 Posts.

789

10/08/21

13:09

Post #: 55169954
Share

Originally posted by underdone ↑

Finally some real upside.

In rough terms that means that the resource contains about AU$576 million worth of gold and another $20 million worth of silver. On those figures we can soon look forward to an announcement telling us when mining will start.

I've been in this for 10 years and it looks like it's eventually going to pay off. The shares hit a high of about $1.75 back then and they've been diluted since, but if Talang Santo performs anything like Way Llingo, which it is likely to, we are going to see them back around the $1 mark in a few years time.

But we have never had any real explanation from the company about why it couldn't stop the flooding before and why it is going to be different this time. If we had that explanation I would be far more comfortable.

Expand

It was geotechnical problems and that’s the main reason that they not in a hurry to go underground anytime soon unless they are hundred percent sure they can overcome those problems atm …
Basically now we trading @ EV of $5m without taking gold/plant on board …just priced as a shell.

Last edited by soarer: 10/08/21

KRM Price at posting: 4.8¢ Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

PTX

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

WCE

West Coast Silver flags capital raise as Falcon hits potential gold target

STX

Carnarvon becomes Strike's largest holder; market not happy

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

First 5 Last

Add to My Watchlist

What is My Watchlist?

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)
Last 3.7¢		Change -0.001(2.63%)		Mkt cap ! $27.88M

Open	High	Low	Value	Volume
3.8¢	3.8¢	3.7¢	$9.397K	250.0K

Buyers (Bids)

No.	Vol.	Price($)
2	72993	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	21305	2

View Market Depth

No.	Vol.	Price($)
2	72993	0.037
3	575898	0.036
3	256331	0.035
3	470000	0.034
1	200000	0.033

Price($)	Vol.	No.
0.038	21305	2
0.039	210412	2
0.040	380500	3
0.041	22315	1
0.042	50000	1

Last trade - 10.40am 22/07/2025 (20 minute delay)

KRM (ASX) Chart

It was geotechnical problems and that’s the main reason that...

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

West Coast Silver flags capital raise as Falcon hits potential gold target

Carnarvon becomes Strike's largest holder; market not happy

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

It was geotechnical problems and that’s the main reason that...

Top Stories

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

West Coast Silver flags capital raise as Falcon hits potential gold target

Carnarvon becomes Strike's largest holder; market not happy

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News