KRM
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11.8% 3.8¢ kingsrose mining limited

KRM is unhedged to take advantage of record high gold prices &...

  1. moorookamick
    7,501 Posts.
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    14/07/11
    06:03
    Post #: 8672592
    KRM is unhedged to take advantage of record high gold prices & the lift in silver(partially hedged) just adds to the pot & should take cost of gold production to near Zero.

    Given that the mine is located in Indonesia, it dodges
    future CO2, mining taxes and wage inflation that threatens our Aussie locals.

    With a low 257 mil shares out there, there is a good
    prospect that the quarters' results will translate into decent EPS (annualised) & results to September quarter should be better still because of the plant upgrade.

    Cheers
    Moorookamick



    KRM Price at posting: $1.39 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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3.8¢ 		Change
0.004(11.8%) 		Mkt cap ! $26.37M
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3.6¢ 3.8¢ 3.6¢ $6.25K 173.0K

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No. Vol. Price($)
1 85699 3.5¢
 

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Price($) Vol. No.
3.8¢ 12500 1
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