Ann: Resource Capital Research - Analyst Report 4, page-13

re: Ann: Resource Capital Research - Analyst ... KRM is lagging behind the POG.

For example:

Date............................SP..........................POG/ AUD

23-08-11..................1.36............................1836

22-07-11..................1.56............................1467

23-06-11..................1.25............................1465

23-05-11..................1.37............................1424

The recent spike in gold price should mean almost an extra $400 AUD/oz
revenue if carried forward over the next year this should mean
an additional $18 mil to KRM's bottom line.
or: (45000 x 400) divided by 257 mil ( no of shares)
= an additional 7 cents/share or
70 cents extra to share price based of a forward multiple (P/E) of 10

The Fed meeting this weekend will likely mean more quantative easing
( more money printing) which bodes well for gold.

As soon as small producing goldies such as KRM report the extra earnings at the end of September, share prices should move upwards.
In addition, production should be up due to the completion of the SAG mill.

Cheers
Moorookamick