KRM 2.94% 3.3¢ kingsrose mining limited

Ann: Share Placement Completion , page-2

  1. 3,008 Posts.
    lightbulb Created with Sketch. 56

    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....
 
watchlist Created with Sketch. Add KRM (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
-0.001(2.94%)
Mkt cap ! $24.86M
Open High Low Value Volume
3.3¢ 3.4¢ 3.3¢ $10.78K 321.7K

Buyers (Bids)

No. Vol. Price($)
3 639392 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 1144456 2
View Market Depth
Last trade - 14.10pm 25/12/2024 (20 minute delay) ?
KRM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.