KRM 2.63% 3.7¢ kingsrose mining limited

Ann: Talang Santo Resource Upgrade , page-6

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  1. 7,501 Posts.
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    The reason that KRM is not $2.00 is because its EPS is approx 9c/share &
    its P/E is about 12.

    As Telang Santo comes on production the EPS should lift to 12c or so
    and with its current P/E, this should lift the SP to $1.44 or so.

    Next year the $28 silver hedge will be cleared and providing the the POG &
    Silver stays up here and that we get a moderate resource upgrade, the SP, IMO, should hit $1.60+. In the interim we should get another 4c divvie.

    with kind regards
    Moorookamick
 
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