I bought some KRM before the accident last year at about $1.20....

I bought some KRM before the accident last year at about $1.20. Assuming I paid a fair price then, I estimate what it should be worth now as:

$1.20
-$0.24 (average 20% anti-gold stock sentiment since then)
-$0.10 (loss of reputation / confidence due to fatality)
-$0.06 (not matching 6c EPS of FY2012)
-$0.06 (new debt, reduction of resources w/out making profit, no prospect of exploration upside at the moment, share dilution)
=$0.74

Most of the negatives I listed I think are recoverable over time and my figures are subjective, but it still looks oversold to me at the moment.
Sovereign risk with permits and that sort of thing should have been included in the original $1.20.

I think the IDR is at least as under-valued as the AUD is over-valued, so I don't see any upside in changes to exchange rates.