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11.8% 3.8¢ kingsrose mining limited

The market has not factored-in the POG @AUD $1750+ yet into...

  1. moorookamick
    7,501 Posts.
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    04/10/11
    17:53
    Post #: 9047385
    The market has not factored-in the POG @AUD $1750+ yet into KRM's
    SP.
    A rough forward earnings at this price would be $57 mil ( after exs)
    by 266 mil shares giving 21 cents per share. Multiply this by a concervative 10 pe and we get $2.10 per share value.
    This does not account for the benefits of ug mining later.

    Cheers
    Moorookamick
    Killarney
    KRM Price at posting: $1.24 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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