KRM 5.56% 3.4¢ 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
3.4¢
Change
-0.002(5.56%)
Mkt cap ! $26.37M
Open High Low Value Volume
3.6¢ 3.6¢ 3.4¢ $16.08K 472.2K

Buyers (Bids)

No. Vol. Price($)
1 144683 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 157003 2
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Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
KRM (ASX) Chart
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