KRM 7.50% 4.3¢ kingsrose mining limited

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  1. 847 Posts.
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    The value of a project may be really negative and eat even the value of the cash.

    Some free advice for the young King CEO of KRM:

    Rautalampi project
    Investors are now asking: What Rautalampi project?
    And luckily the Finnish activist can provide the information you have not given:

    This is throwing money away in a place,
    where there is
    1) No previous resource nor a real clue to find one
    2) No chance for drilling because land owners and municipality are against it
    3) No chance for mining because land owners and municipality are against it
    4) No information to be given to land owners and municipality
    5) No information to be given to shareholders about what the heck KRM is doing there
    6) Previous history of major company Rio tinto to have been kicked away
    7) National level of Bad Will created against non-professional minor junior having lost its marbles
    8) Army of geology and ESG consultants wanting to cash this very interesting and promising opportunity
    9) Young CEO with two small pockets for investor money due to be thrown away

    https://hotcopper.com.au/threads/rio-tinto-kicked-out-from-rautalampi-krm-in-wants-to-fight.7583388/

    If you want increase share price you stop this kind of projects immediately.

    Penikat project
    This is throwing money away in a place,
    where there is
    1) Minor previous resource pretty much proven to be small
    2) Slim chance for drilling because of Natura and major resistance
    3) Practically non-existent chance for expensive mining because EU law and Nature values are against it
    4) No real information of sustainability to be given to nature conservationists
    5) Long timelines given to shareholders about reaching next major and harder obstacle
    6) Previous history of major company Suhanko Arctic Platinum etc to have been given up
    7) National level of Bad Will created against non-professional minor junior having lost its marbles
    8) Army of geology and ESG consultants wanting to cash this very interesting and promising opportunity
    9) Young CEO with two small pockets for investor money due to be thrown away

    More details:
    https://hotcopper.com.au/threads/penikat-natura-is-tough-and-targets-speculative.7583634/

    If you want increase share price you stop this kind of projects immediately.

    Projects in Norway
    Investors probably don´t want to learn what the geniuses are doing there.
    Finns are friends and neighbors with them and just starting to ask,
    if you keep challenging them...

    The bold king may get Finnished?
 
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Last
4.3¢
Change
0.003(7.50%)
Mkt cap ! $32.35M
Open High Low Value Volume
4.4¢ 4.4¢ 4.0¢ $87.61K 2.150M

Buyers (Bids)

No. Vol. Price($)
1 7000 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.3¢ 4999 1
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Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
KRM (ASX) Chart
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