KRM kingsrose mining limited

10.0%

3.3¢

Yes for sure KRM one of the safest explorers on the ASX for sure...

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Sharetrader78

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24/05/25

21:15

Post #: 79176980
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Originally posted by FFailings: ↑

since Rana they have entered into the BHP-farm in deal which in my eyes is better than a 'new asset'. How many junior miners (<$50m market cap) can say that they will spend $7.5m/yr for 5 years on exploration? And of those that say they can, what happens if you find nothing in your first year? (Your share price tanks and you will need to raise money at dilutive level). Well I can't think of any other junior miner that can give that guarantee. This is a massive free option that the market has not priced in. Sure, if you close your eyes and wake up in 5 years time they might not find anything at all (including not drilling or going further with Porsanger) however in that scenario, you still are around 800m shares at 3c (assuming the cash is still at those levels if Penikat hasn't progressed) instead of a similar company that would have had to blow out the share capital from 800m shares to 5billion shares to fund exploration and because they haven't found anything, they are worth <0.5c. If you want to chase those, there are plenty to choose from.

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Yes for sure KRM one of the safest explorers on the ASX for sure ... If you don't mind the wait KRM could well reward massively ... for me Time is money and think I'll hopefully able to get back on board before in major re-rate ...meantime I've been enjoying more lively operator..

KRM Price at posting: 3.0¢ Sentiment: Hold Disclosure: Not 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

Buyers (Bids)

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

Yes for sure KRM one of the safest explorers on the ASX for sure...

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

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Iberian expansion: Megado turns to Europe with Spanish copper mines

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Yes for sure KRM one of the safest explorers on the ASX for sure...

Top Stories

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Buyers (Bids)

Sellers (Offers)

Featured News