KRM 2.94% 3.3¢ kingsrose mining limited

Seriously, any opinions on why..., page-4

  1. 189 Posts.
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    Hi all, I have a pretty small holding in KRM that i've been sitting on for a couple of years. My cost price is much higher than current trading level. I'm considering either getting rid of it or buying more and having a crack. Issues of the past are exactly that and i'm hyper focused on what this business is delivering moving forward.

    Interested in any views on the following:
    * I rate John Morris on all levels. He is a good operator and have no doubt he is very ethical. But equally I am concerned that given his stage in life he probably doesn't want to be involved here. Where is the guy in their 30's to 50's that is going to put in the 80 hour weeks to create a strong and long term business?
    *Debt has been getting repaid by the look of things. Anyone got a view (or point to a public release) as to when KRM may be debt free (I have no issue with the coupon rate being paid, if it wasn't for the shareholders stepping up, the business may not be trading at all)
    *While I don't care about what and when people choose to trade, I'm concerned that the Friday sell down to 19c was a precursor to bad quarterly news? Perhaps it is just the track record making me think that. Anyone see any Indo or gold related reason to be trading down, am i missing anything?
    *Without further exploration success, what is the current mine life?

    Thanks
 
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Last
3.3¢
Change
-0.001(2.94%)
Mkt cap ! $26.37M
Open High Low Value Volume
3.5¢ 3.5¢ 3.3¢ $6.507K 193.2K

Buyers (Bids)

No. Vol. Price($)
3 320000 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 151333 1
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
KRM (ASX) Chart
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