KRM 2.63% 3.7¢ kingsrose mining limited

Ann: Share Placement Completion , page-2

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  1. 2,459 Posts.
    lightbulb Created with Sketch. 8

    anyone care to revisit the valuation on this one given current price for gold and market cap?

    my stab at the numbers is

    market cap $150m

    prod. lets say best case 40k (will take time to get there) x $1280 gold - all in cost $650

    leaves $25m.

    The deduct 15% minority and 30% tax........

    Leaves $15m net.

    so stock is on 10x........seems fair at best.


    happy to hear where I may reasonably be wrong....
 
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Last
3.7¢
Change
-0.001(2.63%)
Mkt cap ! $26.37M
Open High Low Value Volume
3.7¢ 3.7¢ 3.3¢ $61.81K 1.793M

Buyers (Bids)

No. Vol. Price($)
2 1000000 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 64998 2
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
KRM (ASX) Chart
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