The catalyst will be Talang Santo comming on line which has the potential to increase production by at least 30%, reduce cost of production even further (plant will not require upgrade to take increased throughput) and derisk the company (two mines instead of 1)
The stock has also been illiquid recently.
Once Talang Santo comes on line and that another dividend is in prospect the SP should move well past previous resistance levels IMO.
The POG should also lift with the BOE easing & the ECB & the FED set to print more money.
Cheers Moorookamick
KRM Price at posting:
$1.10 Sentiment: Buy Disclosure: Held
