KRM 11.8% 3.8¢ kingsrose mining limited

dec quarterly due within 2 weeks

  1. 7,501 Posts.
    lightbulb Created with Sketch. 165
    The next 2 weeks should see some action on KRM. The Dec qtr report is due
    soon which should tell us how we fared without Telang Santo and give us
    more specific info on the re-opening of Telang Santo.

    The silver hedge should be retired this year which should add $1.5 mil P/A
    to the bottom line.

    The US debt ceiling renegotiations with ongoing money printing in the US and
    Japan should, IMO, move gold upwards as the year progresses.
    With a bit of luck we should see KRM move above $1 by Easter and towards
    $1.20 by midyear.

    Cheers
    Moorookamick
 
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