KRM kingsrose mining limited

1.61%

3.1¢

I ask this because even though BRB was sitting on 65m cash and...

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Sunrayta

4,524 Posts.

1007

04/05/23

08:44

Post #: 67598407
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Originally posted by Sunrayta: ↑

I'm not so sure much will come from that BHP connection yet. The backing was for greenfield exploration for that greenstone belt and when I last spoke to Fabian they were unsure if they were going to pursue it in th time frames they had left with BHP which was only 6 months.

I was actually more excited when Fabian said they already had at least 4 majors interested and had been in touch with the co about Rana. And that instos were already to come on board.

Unfortunately we have some impatience here and the month of May having its way. Having just gone through the same experience with WMG watching low volume shred the share price only to it to wake up after they had already drilled 3 holes.

It's disappointing to see the share price get licked on low volumes like this sitting on a hoard of cash and the projects we hold but KRM will have its day.

I would like to ask the readers here though.... at what price would we get a few cos looking for a TO? I don't want it but if we keep sliding perhaps some hostile advances might be made.

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I ask this because even though BRB was sitting on 65m cash and 1.7m oz gold RMS got a a steal while BRB twiddled its thumbs.

Would it be of interest to majors with the cash we have and exploration works and portfolio acquired to date?

KRM Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.1¢		Change -0.001(1.61%)		Mkt cap ! $22.98M

Open	High	Low	Value	Volume
3.0¢	3.1¢	3.0¢	$2.92K	97.00K

Buyers (Bids)

No.	Vol.	Price($)
2	306039	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.2¢	633333	2

View Market Depth

No.	Vol.	Price($)
2	306039	0.030
5	772874	0.029
2	20071	0.028
3	1240370	0.027
1	125000	0.026

Price($)	Vol.	No.
0.032	633333	2
0.033	1361720	5
0.034	254000	2
0.035	304970	3
0.037	100000	2

Last trade - 15.59pm 27/06/2025 (20 minute delay)

KRM (ASX) Chart

I ask this because even though BRB was sitting on 65m cash and...

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I ask this because even though BRB was sitting on 65m cash and...

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