Gold has been $1600 AUD/oz + or -$50 AUd this year and KRM is producing
well under $300/oz cost which gives it $1300 gp/oz.
This is a huge margin in anyone's language and $100/oz in the POG is not
significant in the longer term profitability of the company. Also its
$28 silver hedge is right on the money and will be paid out in a year or so.
It seems, however, that Mr Market treats KRM the same as a producer
with costs close to $1000/oz!
With the POG prospect being $1500+ over the next year and KRM's production
close to 60K ozs p/a with the inclusion of Telang Santo , the EPS should be close to 25 cents which has the potential to double the SP on a modest P/E of say 8.
with kind regards
Moorookamick
Gold has been $1600 AUD/oz + or -$50 AUd this year and KRM is...
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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 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| KRM (ASX) Chart |
