If I remember correctly when I first invested in Medusa
two years ago the reserves wern't to hot then either but they went ahead with the plant & the rest is history.
The very nature of narrow seam gold resource(like KRM) is that it makes drilling and obtaining good drill results just that much more ellusive & harder but at 18 grams/ton and a cost of almost zero (with silver factored-in) the rewards are much higher than a 2 grams/ton open pit outfit with costs in excess of $600/oz.
Cheers
Moorookamick
If I remember correctly when I first invested in Medusatwo years...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KRM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $26.37M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.3¢ | $6.507K | 193.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 320000 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 151333 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| KRM (ASX) Chart |
