KRM kingsrose mining limited
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Ann: Share Placement Completion , page-2

  1. lordolean
    3,091 Posts.
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    15/07/13
    11:50
    Post #: 12063460

    anyone care to revisit the valuation on this one given current price for gold and market cap?

    my stab at the numbers is

    market cap $150m

    prod. lets say best case 40k (will take time to get there) x $1280 gold - all in cost $650

    leaves $25m.

    The deduct 15% minority and 30% tax........

    Leaves $15m net.

    so stock is on 10x........seems fair at best.


    happy to hear where I may reasonably be wrong....
    KRM Price at posting: 42.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Last
3.1¢ 		Change
0.001(1.64%) 		Mkt cap ! $23.35M
Open High Low Value Volume
3.0¢ 3.1¢ 2.9¢ $37.88K 1.269M

Buyers (Bids)

No. Vol. Price($)
2 320006 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 633333 2
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Last trade - 15.56pm 26/06/2025 (20 minute delay) ?
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