Hi NZ Trader and all,
There is also a small coffee plantation on the lease and you may be correct about the Gold; however, I doubt shareholders will see their cash ever again. ASIC and the ASX regulators are as diligent at protecting shareholders as the ATO is at collecting a fair share of tax from our big foreign national companies.
Unfortunately with our regulators effectively asleep at the wheel we are on our own and we have to take our losses on the chin and move on.
Cheers and very best regards: Andy
News: KRM Kingsrose Mining updates on ongoing restructuring process, page-9
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