KRE 0.00% 6.9¢ kimberley rare earths limited

At the moment, KRE's 25% stake is valued at 1.255 million...

  1. 524 Posts.
    At the moment, KRE's 25% stake is valued at 1.255 million according to the market. If the share price drops to 13.8c, its being valued at zero. If it drops below this point, it becomes in the interest of the share holders to liquidate KRE and give us the proceeds for a profit. Perhaps we could split the land up between us and form a community?

    Its getting kind of silly that the price is this low. Not a doubt in my mind that its a buy, easily the greatest value for exposure to rare earths.

    Obviously DYOR and check my math... Dah
 
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Currently unlisted public company.

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