Hi oakeyflat,While there are no production figures yet for...

Hi oakeyflat,

While there are no production figures yet for Talang Santo, one has to make a few assumptions:
(a) Since Talang Santo is a bigger mine than Way Linngo and a newer mine, one has to assume that the tonnage/day ore will be higher
(b) From previous anns, the gold grade will likely be similar to Way Linngo
(c) That the ore from Way Linggo Level 4 will be very high in silver.
(d) That costs will be low.

The company is very amenable to talking to shareholders and it i only a
matter of giving them a call (WA is 2 hours behind the Eastern states)

Even if KRM was producing now at an annualised rate of 44K ozs/p/a one
would have to assume that this rate would continue in order to fundamentally base SP on forward earnings.

IMO, the key to investing in goldmines in the current gold market is to pick
low cost producers who are on top of maintaining low costs and, IMO, KRM is
one of the best in this regard.

Cheers
Moorookamick