Long follower of KRM, agree it could be a good time to buy. Having worked in mines and worked in water engineering, people dont always appreciate water issues on the impact they can have. They have intersected a water bearing fault which in hydrogeological terms is crap, as its the most preferential pathway in fractured rock systems and may have quite high flow rates/pressures.
Grouting can work but will need to ensure it will be stable, as the risk of a blowout could quite quickly overwhelm the pumps (and people) in Level 4-5 (once the get that deep). If they sort those problems, then alot of upside I think.
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Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $26.37M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 3.4¢ | $16.08K | 472.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 144683 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 157003 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 172188 | 0.050 |
2 | 577777 | 0.045 |
1 | 50000 | 0.044 |
1 | 100000 | 0.041 |
1 | 625000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 58535 | 1 |
0.052 | 55000 | 1 |
0.054 | 305000 | 2 |
0.055 | 220000 | 2 |
0.058 | 85800 | 1 |
Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
KRM (ASX) Chart |