KIS 1.89% 27.0¢ king island scheelite limited

Watching the screen, as buyers appear on the stock trying to buy...

  1. 147 Posts.
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    Watching the screen, as buyers appear on the stock trying to buy a bargain, sellers are hitting the purchaser.

    The market is betting that The KIS mine in tasmania will not happen, the market cap is next to nothing.

    It would be interesting to know, let's say for whatever reasons the current management can't achieve funding and feel there may be some sort of mining risk to put their own money in

    What is the project worth to another company with the funding to complete?
    The Current Capitalisation with no debt is approximately $ 8 million

    Is it worth 5 * this? or more?
    An interesting discussion!!!
 
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Currently unlisted public company.

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