KRM 2.94% 3.3¢ kingsrose mining limited

What a relief. The company has been withering on the vine for...

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  1. 7,501 Posts.
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    What a relief.
    The company has been withering on the vine for almost 22 months and finally we're off and running.
    The management now has an enormous responsibility to shareholders to ensure such bungling
    never happens again. Accidents are understandable but to not have proper permits, licensing and
    environmental and safety protocols in place is simply 3rd world negligence.

    Since the unfortunate accident we have had 3 CEOs and the current regime should now assure the
    market that they will take direct responsibility and not delegate it to our 15% Indonesian partner and mining contractor who gets paid regardless of production. In other words, all the benefits without responsibility.

    Given that it has been almost 2 years since we had meaningful runs on the board, the management now has to give regular and detailed production reports until full production is reached and a few quarters
    of results are chalked up. Until then, the Share Price depends on these announcements.

    I just hope that Bill Phillips is back underground leading his regiment from the mine face.

    Cheers & good on the long term investors for sticking in there through thick and thin.
    Moorookamick
 
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Last
3.3¢
Change
-0.001(2.94%)
Mkt cap ! $26.37M
Open High Low Value Volume
3.5¢ 3.5¢ 3.3¢ $6.507K 193.2K

Buyers (Bids)

No. Vol. Price($)
3 320000 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 151333 1
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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