It is quiet in part because a few posts got deleted when the New Hot Copper "trial" was suspended.
Most important was the announcement on the 4th April that updated progress in resuming mining at Talang Santo.
This announcement was what I had been looking for to enter this stock and the price action didn't reflect it's importance.
KRM needs to get moving and generate some cash asap and have gone to some lengths to be able to access sufficient cash to tide them over so they can get producing again.
Low production means that KRM doesn't have same margin sensitivity to the gold price as other miners.
The key to a big rebound is if they can get production and cash online before their reserves wear thin - my guess is that they will.
new recent lows, page-3
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Last
3.3¢ |
Change
-0.002(5.71%) |
Mkt cap ! $24.86M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.3¢ | $2.883K | 84.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 220012 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 1254213 | 6 |
View Market Depth
| Last trade - 16.10pm 13/01/2025 (20 minute delay) ? |
| KRM (ASX) Chart |
