KRM 2.13% 4.6¢ kingsrose mining limited

Ann: Voluntary Administration Update, page-6

  1. 11,900 Posts.
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    I wish you the very best of luck KRM holders. From my experience it will be the last investors who stumped up 8 million in the final round for the Professional Mining Consultants, Pumps and a simple 75 metre shaft they will be first in line to take over or wind up the company to crystalise a bad debt for tax purposes.
    Just from memory KRM held onto some of its own bullion, they had a couple of million in gold when they did a CR last year. it will be interesting to see where the money has gone??? and who got it? and whilst the company is in Administration do management and staff still get paid??
 
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