Ann: Quarterly Activities & Cashflow Report - 30 September 2014, page-15

Hi Andy and All,

Thank you for your informative post and interesting thoughts on the POG.
The POG in AUD is still $1340 which leaves a generous margin for KRM.

I note with interest that some others are bullish on gold too.
An investor has bought over 5% of NCM ($300 mil +) over the
past month as per NCM's ASX ann yesterday which may be
the start of a buying run by value investors on gold miners.

There's only a week left until the AGM and my guess is that the ann
re ramp-up which should have been announced mid October will
be announced next Monday to lift the SP in time for the AGM. It will
likely have the OCT production figure as well.

A plant throughput in excess of 10K tons for Oct would indicate that ramp-up
to 140k ton/yr rate had been hit in mid Oct as expected and, if so, then one has to ask
why it was not announced already?

The lack of announcement indicating that the plant had hit the 140k/year throughput
rate together with the drop in the POG from $1390 AUD to $1340 AUD has seen the SP
drop from 41c to its current 35c over the past 3 weeks.

Lets hope that its all North from here forward.

Moorookamick