KRM 5.56% 3.4¢ kingsrose mining limited

Clearly water ingress remains a big problem. essentially the...

  1. DSD
    15,757 Posts.
    Clearly water ingress remains a big problem. essentially the presentation shows timetable has been pushed back by 6 months and they need cash to pay for water experts. Mine still producing equiv of 16,000 ozs/annum and intention is to increase this to 36k. But can't be done until water is sorted. KRM does hold some very good ground and more gold veins are likely to be found. But that's also 6-12 months away and CR will knock the SP down to level very close to CR price. sigh.
 
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