KRM kingsrose mining limited

fundamentally sound, page-2

  1. 533 Posts.
    lightbulb Created with Sketch. 1
    A maiden divvy payer in June12 is a good sign they expect increased cashflow to support ongoing Div payments.
    The low does appear to have been put in as each month, since May, a higher low is occurring.
    The negative sentiment around Indonesia Govt policy, which does not affect this company, will eventually be realised as I expect earnings to support the fundamental story and a re-rating in time.
    A tipsheet in May12 tells the story re:
    The Indonesian government recently proposed a forced change in ownership structure for foreign companies.
    This has impacted Indonesia-based stocks like IAU.
    However, KRM is protected under an ownership structure called 'Contract to Work' valid for another 22 years.

    And we have an exploration program underway which will hopefully yield additional resource.
 
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
3.0¢
Change
0.000(0.00%)
Mkt cap ! $22.60M
Open High Low Value Volume
3.0¢ 3.0¢ 3.0¢ $35.89K 1.196M

Buyers (Bids)

No. Vol. Price($)
2 254842 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 150000 1
View Market Depth
Last trade - 15.59pm 01/07/2025 (20 minute delay) ?
KRM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.