KRM 2.94% 3.3¢ kingsrose mining limited

Ann: Revised Production Guidance & Operational Update, page-4

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,501 Posts.
    lightbulb Created with Sketch. 165
    I guess that we have to be patient because the priority is safety.

    315 ton/day over this 3 months to 31st Dec will be an improvement on the Sept Qtr
    and it will likely to lift the cash in the till, IMO, but a little less than expected.

    The forward fundamentals, nevertheless, are still the same provided that the ramp-up
    can be achieved soon and that the Splay vein can be progressively phased-in.

    Further development of Talang Samin is a good strategy because it will eventually give
    us a second mine. Of course this is with the proviso that it doesn't burn too much cash
    in the interim..

    Lets hope that the SP has bottomed out(its up a half cent now) and that we can get back into the 30s soon.
    The company needs to give monthly anns of production until we see at least one qtr
    of full production. Drill results are fine but Mr Market needs assurance that production
    is improving albeit gradually and that we are cashflow positive.

    Cheers to all
    Moorookamick
 
watchlist Created with Sketch. Add KRM (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
-0.001(2.94%)
Mkt cap ! $26.37M
Open High Low Value Volume
3.5¢ 3.5¢ 3.3¢ $6.507K 193.2K

Buyers (Bids)

No. Vol. Price($)
3 320000 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 151333 1
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
KRM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.