KRE 0.00% 6.9¢ kimberley rare earths limited

Calculations...5.416m rare earth asset (cost price)17.317m cash...

  1. 524 Posts.
    Calculations...

    5.416m rare earth asset (cost price)
    17.317m cash reserves (16/05/11)
    125.584m shares

    Asset backed SP = $0.181

    Thus @ the current SP of $0.15
    Current value of 25% cummins range = 1.521m

    Value of rare earth oxides has been booming of late.
    Enough said.
 
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