KRM kingsrose mining limited

10.0%

3.3¢

You're sounding a bit like a broken record with Way Lingo. The...

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20/05/25

23:21

Post #: 79123152
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Originally posted by Haydos123 ↑

This type of video is unprecedented to my knowledge. Talk about going on the defensive and explaining to shareholders how tough the environment is for them. Its one excuse after another with this guy Baker. Shareholders have had 4 years of this CEO and the company, its cash balance and valuation have gone backwards year on year. The CEO is obviously not able to get the job done and needs to go. What an expensive waste of time video to produce and winge to shareholders about. Now they are apparently gold and copper focused. So why on earth get rid of Way Linggo a few years ago when it had a proven gold resource and permits to drill, only to a few years later want back into the gold sector at record high prices. All the CEO has done is throw away shareholder value. The cash burn rate is ridiculously high for Kingsrose with such little drilling done which is annoying that cash is not being preserved and valued as a precious resource also. This company has one good project which is getting no valuation from the market and that is Penikat. Its not just that Baker and his management team cannot find a new project. They cannot also get a permit for Penikat through for it after 3.5 years of trying. Get the permit and get drilling and don't make a mess of that either. Penikat looks huge on paper and just needs to get validated so that the company can be re rated by the market. Right now I doubt this company could raise funds if they were in fact out of them because of their low track record to date.

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You're sounding a bit like a broken record with Way Lingo. The mine became a dud due to water issues and was on C&M already before Fabian took over. Lucky to sell it. Have you considered why the owners now have yet to restart mining there if it was such a slam dunk project?

Fabian track record is Solid. Beyond the delay to Penikat which is Environmental group driven. We are backing the idea that he can replicate what he has done in the past. Selective project acquisition, drill it out then sell it for a premium. *** Enter the chat BHP

KRM Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
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Last 3.3¢		Change 0.003(10.0%)		Mkt cap ! $24.86M

Open	High	Low	Value	Volume
3.1¢	3.3¢	3.0¢	$82.30K	2.598M

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No.	Vol.	Price($)
3	472735	3.2¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	718378	1

View Market Depth

No.	Vol.	Price($)
3	472735	0.032
2	563516	0.031
4	748555	0.030
2	353664	0.029
1	500000	0.028

Price($)	Vol.	No.
0.033	718378	1
0.034	250000	1
0.035	302970	2
0.038	326315	2
0.040	55500	1

Last trade - 15.34pm 13/06/2025 (20 minute delay)

KRM (ASX) Chart

You're sounding a bit like a broken record with Way Lingo. The...

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

Clinuvel shares dip, even as CEO comes back from temp leave

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Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

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You're sounding a bit like a broken record with Way Lingo. The...

Top Stories

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Clinuvel shares dip, even as CEO comes back from temp leave

Zip's stunning comeback: Is this the start of a $14 revival?

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

Iberian expansion: Megado turns to Europe with Spanish copper mines

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

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Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

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