Annualise This

Now that it is well past the 30th June and that any price
sensitive news has to be announced right away , we have to assume that
KRM has reached target production of 30K-35K ozs gold for FY 2015.

Lets look at the lower target figure of 30K ozs:

Sept '14 Qtr production was: 6,590 ozs
Dec '14 Qtr production was : 5,465 ozs
Mar '15 Qtr production was: 6,409 ozs

Total for the 3 Qtrs: 18,464 ozs.

So if we subtract 18,464 from 30,000 we get at least 11,536 ozs for the June 2015 Qtr
(@ 15 g/t & 93% recovery this should amount to about 420 ton/day)

Annualise this and we get 46,144 ozs

Given the recent positive production updates, the June quarterly should get the Share Price up and running.

Morookamick