Kingrose Mining - Banter and General Discussion, page-1227

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SiFi3006

228 Posts.

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04/02/24

16:58

Post #: 72229268
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Originally posted by EricFarrugia: ↑

1.) we are looking for depth extensions at Penikat. as im sure you are aware the average depth of the drill holes was very shallow

2.) we wern't presented with any fairytale timelines, when I spoke to Fabian after the E-46 acquisition he made it very clear it would take 2-3 years. He was not shy to make any mention of this, and when I concentrated more in the company, this has always been the forefront of my holding strategy. Im sure other retailers here may have set their own unreasonable expectations for the company

3.) commodity price, i still believe the supply dynamics will in the long term will render this a feasible project

People also forget we have rhodium, its a predictable deposit, we know where the reefs are. I'll certainly take this opportunity over any other shitco ASX company with moose pasture ground

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Spot on. I don't understand these complaints about 'misleading' time lines. Management have been nothing but transparent as far as I'm concerned.
I think some people just got a bit carried away and thought they knew better.
And instead of just putting their hand up and admitting they got it wrong, they go on the offensive, blaming everyone but themselves...

KRM Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
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Kingrose Mining - Banter and General Discussion, page-1227

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