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Karora Resources Inc T.KRR

Alternate Symbol(s):  KRRGF

Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company’s portfolio includes the Beta Hunt Underground Mine, Higginsville Gold Operations and Lakewood Mill. It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south of the Beta Hunt Mine in Higginsville, Western Australia. HGO has a mineral gold resource and reserve and prospective land package totaling approximately 1,900 square kilometers. The operation includes a 1.6 million tons per annum (Mtpa) processing plant, 192 mining tenements, including the Aquarius, Hidden Secret, Mousehollow, Two Boys, Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge and Mount Henry deposits. The Lakewood Gold Mill is located just outside Kalgoorlie, Western Australia and approximately 60 kilometers from the Beta Hunt Mine, has a processing capacity of 1.0 Mtpa.


TSX:KRR - Post by User

Post by Highwired7on Mar 11, 2024 11:01am
120 Views
Post# 35926367

KRR Management Is A Complete Clown Show!

KRR Management Is A Complete Clown Show!A little tweaking to make us a little poorer shareholders as usual . Maybe it's part of the plan to paint us down to make us look less attractive for a cheaper sell.

PH working hard to convince us that RAM’s offer is actually great for us. Under the circumstances this release was totally uncalled for.

The news release basically says that costs will be higher by 34M this year and revenue lower by 16M using the mid points in the new guidance vs the midpoints in the previous guidance. And assuming 2100 gold. So income is 50M less this year than what was projected just last week.
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