KRM kingsrose mining limited
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Hi Shakinthat, good to see you around! Personally i think $10m...

  1. boy1
    2,951 Posts.
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    02/03/22
    15:17
    Post #: 59929973
    Hi Shakinthat,

    good to see you around!

    Personally i think $10m USD would be more about par for the gold asset.

    Sure there are plant and equipment and a tidy resource around, but it will require future capital to ramp up... so NPV'ing that scenario on what wont be a huge mine and leaving enough fat for the proponent to want to deal up, and adding sovereign risk i think that would be about fair... thats my expectation anyway...

    Where the hidden value is, is really Penikat....

    Just placed an order for 285,000 units 7.0c...

    We are close to cash backing after the sale of Way Lingo!

    As always,

    BUY, ACCUMULATE, HODL

    Boy.
    Last edited by boy1: 02/03/22
    KRM Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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