quaterly, page-2

Last year the quarterly was announced on the 31st Jan
which gives us 7 trading days left.

Despite the POG lifting $100 USD in a month, KRM has
bobbed up and down under 30c with its best consistent
gains achieved while everyone was on holidays.

The Market is now waiting for the Dec Qtr report and expects
a few million extra in the till with confident management
forecasts rather than excuses for under performing.

We need forward looking statements (ranging out a few years*)
on mining, production and AISC (not AISC for the past Quarter
when the mine has been still ramping up. We can all calculate that.)

We need:
-the mine plan incorporating the Splay vein*
-the timing/cost of upgrading the plant to 500 ton/day
-the timing of the phase-in of Telang Samin.

If management is confident in their own abilities and that
of the contract miner, then surely they can share their
business model/plan with the owners and the market generally.
Unlike other companies with cut throat competitors, KRM
does not have anything to risk by issuing a long term plan
except a lift in share price. And besides, shareholders then have
a yardstick to measure company performance by going forward.

The market looks forward and needs this info. After all
the shareholders own the company.

Moorookamick

* on rough calculations the Splay(although still open) vein has enough
high grade ore to maintain 14 g/t throughput for at leat 2 years
at a mine ore supplement of about 75 ton/day; that's about 20 Cubic Meters
or about 3 semi-tip trick loads......not rocket science!! Mm