KRM 11.8% 3.8¢ kingsrose mining limited

best gold stock going around, page-3

  1. 539 Posts.
    lightbulb Created with Sketch. 7
    Hi MaseyFerguson, I know nothing about MML but with the uncertainty in the gold price, how can anyone pin a PE on FY14 for any gold stock? For KRM there is even more uncertainty as we have no idea what production is expected from Talang Santo. Using FY12 Way Lingo production and a bad indicator of future performance, I can paint a picture that gives a KRM FY14 PE of 3:

    Gold produced and sold: 40,000 oz @ US$1250/oz
    Silver produced and sold: 500,000 oz @ US$20/oz
    Revenue: US$60m
    Total cost of production: US$20m

    Earnings: US$40m @ US$0.92/AUD
    EPS: AU$0.167 PE($0.53):3.16

    Is that PE of 3 any more or less likely than a MML PE of 2? Noone knows.
 
watchlist Created with Sketch. Add KRM (ASX) to my watchlist
(20min delay)
Last
3.8¢
Change
0.004(11.8%)
Mkt cap ! $26.37M
Open High Low Value Volume
3.6¢ 3.8¢ 3.6¢ $6.25K 173.0K

Buyers (Bids)

No. Vol. Price($)
1 85699 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 12500 1
View Market Depth
Last trade - 11.58am 28/11/2024 (20 minute delay) ?
KRM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.