Agreed - crazy value here.
Current MC is $45m….let’s break that down.
Current gold producer with a monthly profit of ~$1m
~$6.8m in cash reserves
Plant at Mineral Hill valued at ~$72m (insured value)
‘Misima up for sale at $150m (let’s say they only get 50% of that
Milestone payments still coming from Livingstone (I believe)
Gold bull market (apparently)
Low SOI (relatively)
Clearly plenty of growth ahead in share price based on current metrics/value
News: KSN Kingston Resources Says December Gold Production At Mineral Hill Reached 1,347 Ounces, page-3
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
