Ann: Resource Capital Research - Analyst Report 4, page-18

re: Ann: Resource Capital Research - Analyst ... Hi Mike,
Krm's recent anns. only gives cash in bank to 30 th June (28mil)
rather than its current cash. With the price of gold having increased
$330/oz since then, KRM's cash in bank should increase to
close to $45 mil by 30th Sept which would be 17.5 cents cash backing
per share.
It's only a matter of time until the market cops-on.

Cheers
Moorookamick
Turin.
PS:It would be useful if Chris Stark told us what the price of silver had to be in order for KRM's cost of production to be zero. MM