Home Search Watchlist Advertise Feedback Profile



Kingsrose Mining Limited Reports Strong Q2 2023 Activities and Cash Balance — ASX:KRM| ASX Mining News & Discussion
L
Lykeshares Official
$KRM Kingsrose Mining Limited Reports Strong Q2 2023 Activities and Cash Balance
Kingsrose Mining (ASX: KRM) is pleased to provide an update on its activities for the June 2023 quarter, showcasing impressive achievements and a healthy cash balance for the company.

Strong Cash Balance

Kingsrose Mining reported a cash balance of A$33.84 million as of 30 June 2023, signifying the company's strong financial position.

Geophysical Programs and Drilling at Råna Project

During the quarter, Kingsrose Mining commenced large-scale geophysical programs at the Råna Nickel-Copper-Cobalt project in Norway. These programs, focused on the historical Bruvann mine area and other exploration targets, mark the first modern and large-scale geophysical endeavours on the project. Additionally, the company initiated a 5,000-meter diamond drilling program at the project, starting with extensions to the Bruvann mine before exploring other targets identified through the geophysics. Assay results from the drilling program are expected to be announced in late August 2023.

BHP Xplor Program and Industry Showcase

In June 2023, Kingsrose Mining participated in the BHP ...
Kingsrose Mining Limited Reports Strong Q2 2023 Activities and Cash Balance

L
Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
L
Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
L
Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
L
Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
L
Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
L
Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
L
Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?