KRR 0.00% 0.9¢ king river resources limited

Ann: Update - Notification of buy-back - KRR, page-70

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  1. 101 Posts.
    lightbulb Created with Sketch. 62
    Yeah, KRR has become a value buy considering:

    1. TVN Market Cap of $116.8m as of yesterday's close at 6.9% (it is another 10% higher atm) = $8.0592m worth (come Feb 2025 this should be $10m, if not TVN will have to top us up)
    2. $5m to come from TVN
    3. We have $4m in the bank as of March 2024 (maybe less now)

    Total =$17m

    KRR's Market Cap as of yesterday's close = $12.42m.

    That's about $4.58m of value there without taking any of the tenements into considerations.

    Thoughts?
 
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