IMO, the Dec qtr ann will be similar to the Sept ann with...

IMO, the Dec qtr ann will be similar to the Sept ann with exploration costs
reduced & rectification work cost increased.
Sept revenue:.............................. $7.6 mil
Forecast outflows to Dec 2012...$11.6 mil
deficit...........................................$4.0 mil
Cash in hand Sept 2012................$8.6 mil
Likely cash Dec 2012.....................$4.6 mil

Given that there will be extra exs due to remedial work, IMO, this will likely
be offset by the reduction in exploration costs.

I have a hunch that the crew will be putting extra yards to squeeze the most out of Way Linngo.

Once back in full production, EPS should move above 10c and the market
should then value KRM at a nominal 15 P/E or above.

Cheers
Moorookamick