failure to grow

Kingsrose mining has failed to deliver many shareholder returns over the last 12 months even though they are providing shareholders with a dividend. I believe the company would've been much better off increasing its gold reserves as this possibly would've garned more support from investors instead of paying a dividend.

The company has failed to increase its shareholder base in a time when their profits have grown and costs at their mine have remained ultra competitive. The management have done an extremely poor job selling this company to the masses and as such I feel the recent past performance will only continue into the future until management change their tack in regards to marketing what should be an ASX standout.