KRM 2.94% 3.3¢ kingsrose mining limited

Ann: Revised Production Guidance & Operational Update, page-11

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  1. 7,501 Posts.
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    Hi Fitzi, Andy & All,

    Apart from production, the two most important fundamental
    issues for KRM are the POG in AUD & the exchange rate between
    the Indonesian Rupiah & the AUD.
    The Rupiah exchange rate is 10,600 to $1 AUD which is favourable to KRM
    because our mining and production costs are in Rupiah . The POG
    in AUD is $1460 AUD which leaves a substantial profit margin in $AUD
    once our AISC stabilises at the forecast $700 USD/oz or so.

    Wishing all a happy Xmas and a prosperous 2015
    Moorookamick
 
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3.5¢ 3.5¢ 3.3¢ $6.507K 193.2K

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3 320000 3.2¢
 

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3.3¢ 151333 1
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