KRM 2.94% 3.3¢ kingsrose mining limited

Ann: Kingsrose Raises Additional Funds, page-3

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  1. 1,036 Posts.
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    "The funds raised under the Convertible Facility will be applied to the ongoing restructure of KRM, to provide working capital for the Company and to provide funding to its 85 per cent owned subsidiary PT Natarang Mining, the owner and operator of the Way Linggo Project."

    Sounds like PT NM is operating (I cannot imagine how they would manage to raise additional funds if there weren't at least an operational plan in place). We will soon now more.
 
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