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11.8% 3.8¢ kingsrose mining limited

Hi Paladin Boy, according to my calculations based on the...

  1. TheFrozenPOHM
    440 Posts.
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    23/06/10
    23:39
    Post #: 6833277
    Hi Paladin Boy, according to my calculations based on the previous KRM ann on volumes of silver and gold, the current prices ($1240/lb & $18.80/lb)/ F/X and the predicted cost per pound, the EPS is about 18 cents. At a below market valuation of a P/E of 8, the SP would be just below $1.50.

    imo the Sardinian project has significant upside, plus the opportunity of finding more gold in the Way Linggo tenements. TFP
    KRM Price at posting: $1.05 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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3.8¢ 		Change
0.004(11.8%) 		Mkt cap ! $26.37M
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3.6¢ 3.8¢ 3.6¢ $6.25K 173.0K

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