Excellent - Looks like a divi
Following its first full year as a producer, Kingsrose’s 85% subsidiary, PT Natarang Mining, has emerged as
one of the world’s lowest cost producers. The board of PT Natarang Mining has advised of its intent to pay a
dividend from profits to Kingsrose. This will follow the full (calendar) year audit and accounts and is
expected to be complete by the end of April 2012.
Excellent - Looks like production on target
“The Way Linggo operation has been performing exceptionally well and is now firmly entrenched as one of the lowest cost producers globally,”
Excellent - Looks like a second mine
“We are also moving to diversify our production base with the development of the Talang Santo deposit and we are quietly confident that our other targets will emerge as future production sources.”
K
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