KRM 2.63% 3.7¢ kingsrose mining limited

Ann: Quarterly Activities & Cashflow Report - 31 December 2014, page-6

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  1. 115 Posts.
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    Hi MM

    My niggling concern is not so much with the level of production, because that will ramp up as they access the new areas. The concern is that we have had past experience that not enough money has been set aside for contingencies, such as the accident which caused the company to cease production for the best part of 2 years. The consequence of not having funds in reserve was the need to take on debt and new capital.

    Have the new management learned from that that one of our priorities is to build up the kitty to a healthy level so that the company can sustain another drama?
 
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