KMN 4.00% 12.0¢ kings minerals nl

re announcement

  1. 37 Posts.
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    i have just lost faith with the market Kings announces that they have a 260mill net cash flow mine ,able to pay their capital expenditure back within 2.25 years out of a 14 year life mine commencing within 15 months substantiated by a independent report (sounds in my opinion great) and the price goes down Perhaps finance is a problem but if kings cant raise the capital ,SNN resource could be sold for probably more than kmn current value based on net present value of the 260mill income stream and they would have sufficient funds to develop kalman especially the 21% copper find Hopefully this info is 100% correct but do your own research
 
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Currently unlisted public company.

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