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2.3¢ krucible metals limited

Ann: Return of Capital - KRB, page-14

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strauss

22,120 Posts.

20

16/07/15

02:34

Post #: 15641189
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Originally posted by Coal and gas ↑

Bolics invited me to pick him up on anything.

He is actually pretty correct with all of his arithmetic:

On yesterday’s SP close of $0.074, after the capital return to shareholders of 5 cents, leaves say 2.4 cents.
After the AGM if shareholders actually approve the Torrington acquisition (and it is no secret I hope not), 111,500,000 shares on issue.
He is wise to not count on a decision to mine and assume another 12m shares issued later.

So after the transaction the market cap of Krucible could be $0.027 * 111.5m or $2.7m, an all time low shareholder value; the future of KRB?

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For someone who owns no shares you seem hell bent on down ramping this stock

Either you've lost a lot of money on this one in the past or more likely your part of the previous board that was ousted and so are just constantly trying to down ramp

Either way pretty obvious what your motives are

KRB Price at posting: 7.4¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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