KRM 11.8% 3.8¢ kingsrose mining limited

Cbro,Yep, company has concentrated on contruction and...

  1. 7,936 Posts.
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    Cbro,

    Yep, company has concentrated on contruction and commissioning in recent months so provided first production reports are on track to confirm cash cow status at ++45koz pa then expect KRM to plough into resource extentions and also regional targets. Gold and silver prices aside the value creation here is exploration potential (plus what looks like conservative grade estimates so far) to firstly to expand high grade mine life and serious potential elephant hunting to find another Gosowong style orebody. Not at all saying MML will remain stagnant but can see alot of catch up potential with production starting.


    RMS, was in the same boat with very high grade low cost mine with limited mine life so exploration is still the key but Mount Magnet project has added more appeal and stability.


    TRY is the other option in the same mold, modest production but again, high grades and very low cash costs with silver production. Exploration will be a big factor to again expand mine life.






 
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