2012 has been a dissappointing year for long term KRM holders. Jan 1 2012 saw a SP of $1.16, the prospect a 4c dividend and lots of cash in the till.
Today we have a SP of 85c, little loot in the till and on half production until March.
But when things get tough a good management team will get going and I believe that Chris Start, Bill Phillips and John Morris can sort out the current Telang Santo problems and get the best out of Way Linngo by March and that we'll be back to normal by June with Talang Santo fully producing..
The prospect for gold pricing is looking good and the easing of the $AUD also helps.
A Safe and Prosperous 2013 to all Moorookamick
KRM Price at posting:
85.0¢ Sentiment: Buy Disclosure: Held