Hi samsavage Can only read between the lines as far as I can see. How I read it; This was in annual report, "We have already began our strategic planning to grow on these achievements and are currently advancing other acquisitions which your board believes will offer further strong growth and wealth accretions for our shareholders"
They have pulled out of joint venture with Reed Resources with cash in hand.
Maybe have something in mind regarding both of the above.Clearing the decks in advance.
Possible acquisition in the pipeline,look at the buying over previous months. I think we could be looking at $1 by year end.
As I said this is reading between the lines,so this is just my opinion-please don't use it as advice!!!
I am still a buyer at these prices-options are tempting-expiry is Dec 2012. Oh well Xmas could be interesting-maybe a nice big present.LOL Cheers PB
KRM Price at posting:
74.5¢ Sentiment: LT Buy Disclosure: Held
