KRM 5.56% 3.4¢ kingsrose mining limited

Long follower of KRM, agree it could be a good time to buy....

  1. 159 Posts.
    lightbulb Created with Sketch. 8
    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.
 
watchlist Created with Sketch. Add KRM (ASX) to my watchlist
(20min delay)
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
Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
KRM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.