KGM 0.00% 1.3¢ kalnorth gold mines limited

Well, the sick puppy has a market cap of $50 mill and will turn...

  1. 3,205 Posts.
    lightbulb Created with Sketch. 56
    Well, the sick puppy has a market cap of $50 mill and will turn a profit starting at about $5 mill a year about now.

    And when the management was at prev gold producers, they paid divendends at a pretty good rate (I know, as I collected them).

    So, this boring, under the radar company will start turning a profit and slowly grow and pay a dividend. And likely at their boring small output (and low cost) will do it for about 20 years.

    By then, the puppy will be a horse.
 
watchlist Created with Sketch. Add KGM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.