KRM 2.94% 3.3¢ kingsrose mining limited

re: Ann: Kingsrose Mining Limited - Silver ... KRM 45 000 oz @...

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  1. 2,355 Posts.
    re: Ann: Kingsrose Mining Limited - Silver ... KRM

    45 000 oz @ $1400
    Cash costs of $150

    Margin of $1250
    =56 250 000
    85% KRM

    47 812 500

    90% recovery, but higher than expected gold + silver grades = no impact (conservative)

    6.5x multiple (Very conservative as most producers trade between 8-12)

    310781250
    Shares on issue 250m

    =1.24 (undiluted)

    That is ignoring valuation for exploration upside, increase in production and the sardinia asset

 
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Last
3.3¢
Change
-0.001(2.94%)
Mkt cap ! $26.37M
Open High Low Value Volume
3.5¢ 3.5¢ 3.3¢ $6.507K 193.2K

Buyers (Bids)

No. Vol. Price($)
3 320000 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 151333 1
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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