KRM 11.8% 3.8¢ kingsrose mining limited

Ann: Way Linggo Project Update , page-8

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  1. 7,501 Posts.
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    The fact of the matter, Zekane, is that most traders/investors do not understand
    the nature of narrow vein gold mining or the fundamentals of the company.
    They are simply driven by sentiment.

    The stock market is supposed to look forward; in KRM's case at least a few years.
    The current hiccup ( Telang Santo delay and Way Linggo at half production)
    is just a temporary hitch and according to the last Qtr report, production will be back to normal by the end of the Mar Qtr.

    Over the next year or so what are we missing?
    At worst another 4c dividend.

    And at best when Telang Santo comes on line with Way Linngo in mormal production we can expect a 50% lift in production ( from 40K ozs gold equivalent to 60K ozs of gold equivalent) of which , IMO, most of the xtra revenue will go to the bottom line

    With kind regards
    moorookamick
 
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3.6¢ 3.8¢ 3.6¢ $6.25K 173.0K

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