KRM
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11.8% 3.8¢ kingsrose mining limited

Could also use a quarterly report in December showing 15K ounces...

  1. Blythefan
    3,055 Posts.
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    06/09/10
    18:31
    Post #: 7162480
    Could also use a quarterly report in December showing 15K ounces sold for $22M, and a cost of $2.5M. That would put a firecracker up it's nethers.

    Remember, Commsec has this at 4x forward PE ratio; established miners trade at 13x forward earnings. So its not unreasonable to expect this will get to around $3/sh.
    KRM Price at posting: 99.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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