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5.56% 3.4¢ kingsrose mining limited

Hi All New to KRM, and just completing DD. What's everyone's...

  1. CaptainGrumpy
    4,594 Posts.
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    17/06/14
    11:31
    Post #: 13533386
    Hi All

    New to KRM, and just completing DD.

    What's everyone's thoughts on exploration potential? To me the relatively small resource at present seems to be the query (forestry approval aside).

    I realise that being a low scale developer/producer with high margins mitigates the risk a lot, however low resource developers/producers seem to be less favoured in the market at present.

    I've got AU resource mine life of approx 10 years which is decent, but current Inferred reserve = 120koz so only a 3 year extension.

    Would appreciate the opinions of some current holders or anyone researching KRM.

    Cheers
    Last edited by CaptainGrumpy: 17/06/14
    KRM Price at posting: 48.0¢ Sentiment: None Disclosure: Not Held
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