KRM 0.00% 3.4¢ kingsrose mining limited

Hi Andy, Robert & All, It looks like the market is waiting for...

  1. 7,501 Posts.
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    Hi Andy, Robert & All,
    It looks like the market is waiting for the Sept
    production update and confirmation that ramp-up
    has been achievd as per the Sept 1st Presentation:

    " Production ramp-up now in progress with full production expected by mid-October 2014."
    (ASX Sept 1st Ann.)

    Mr Market is obviously awaiting this update due to low volume share turnover
    and SP being in the doldrums for weeks.

    Given that reaching full production after over 2 years since Talang Santo
    stoppage is a very important yardstick and arguably price sensitive, IMO;
    so we should see an Ann. within days.

    Cheers
    Moorookamick

    PS: looks like a good time to be in gold, particularly low all-in sustainable COP
    miners like KRM, given the US and European market jitters. mm
 
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