KRM 2.94% 3.3¢ kingsrose mining limited

Ann: Change of Director's Interest Notice - John Morris-KRM.AX, page-8

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  1. DSD
    15,757 Posts.
    Yup.... Mr Mkt has grown weary of waiting for probs to be rectified. Everyone knows the rish gold reefs are there but due to water ingress and crappy shaft, prod has been delayed for yonks. But latest update sez 3QCY16 will see production of mined ore leap substantially and once it hits the surface its a matter of milling and refining. Long termers have indeed had a very long distressing wait. But chairman's big purchase this week indicates change is not far away. Time will tell.

    PS. If this attempt to solve water and shaft issues fail KRM will lose all credibility. Mod risk:high reward is may take.
 
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3 320000 3.2¢
 

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