KRM 7.50% 3.7¢ kingsrose mining limited

KRM/BHP DEAL OF THE YEAR, page-5

  1. 731 Posts.
    lightbulb Created with Sketch. 10
    Too undervalued at 5.2 I am in today.
    • BHP partnership with basically the whole project being sole funded by BHP in Finland and Norway (and can effectively spend up to 87$ million to fund this)
    • ~26$ million in cash in last quarterly, putting the EV of KRM at 12.5$ million MC.
    • No dilution anytime soon, excess of cash from the company suggests that they have 16 quarters of funding.
    • Penikat is untouched, they still own 100%

    Pullback today was good for many people looking to enter, this should not go below 4.5 cents, would put the EV at a price near <$5 M MC.
    Especially after the BHP alliance deal this week, this is looking like a long term hold.
 
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3.7¢
Change
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Mkt cap ! $27.84M
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3.9¢ 3.9¢ 3.6¢ $20.47K 546.7K

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No. Vol. Price($)
2 149999 3.7¢
 

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Price($) Vol. No.
3.9¢ 1000000 1
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Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
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