KRM 5.56% 3.4¢ kingsrose mining limited

Ann: Investor Presentation, page-10

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 444 Posts.
    lightbulb Created with Sketch. 410
    I think there is much reason for the poor stock price performance for KRM given they almost went into receivership. However, the underlying fundamentals are comforting. They mine modest amounts but still generate positive cash flows in the last two quarters. They also are now in net cash position. I think at such a ridiculously low price of 7c again, this is going to be a good price to go in. Might not look back in two years' time when they further develop their mines to also go underground. High grade gold and silver in the rock. In Australia, very hard to find such grades. Yes, Indonesia is a high risk jurisdiction. Still, worth a punt!
 
watchlist Created with Sketch. Add KRM (ASX) to my watchlist
(20min delay)
Last
3.4¢
Change
-0.002(5.56%)
Mkt cap ! $26.37M
Open High Low Value Volume
3.6¢ 3.6¢ 3.4¢ $16.08K 472.2K

Buyers (Bids)

No. Vol. Price($)
1 144683 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 157003 2
View Market Depth
Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
KRM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.