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1.1¢ king river resources limited

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15,057 Posts.

2583

13/03/18

20:45

Post #: 31727857
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Originally posted by mikesz ↑

Well ask yourself this. What is required to get to $2? Basically it would have to be MC of $2.34b, right? Based on no further dilution and let's say PE multiple of 10. Fairly standard for a solid growth company. So that would be earnings of $234. Think about it. If Mt Remarkable turns up solid gold than it alone will do $234m. Then we the vanadium and titanium and fluorite. I think $2 is conservative as a long term price target. I'm sure you know what NST has done in the last 3 years.

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KRC Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.1¢		Change -0.001(8.33%)		Mkt cap ! $15.28M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.0¢	$8.677K	801.2K

Buyers (Bids)

No.	Vol.	Price($)
19	3449755	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	305420	6

View Market Depth

No.	Vol.	Price($)
19	3450143	0.010
14	5859294	0.009
7	27098429	0.008
5	5799516	0.007
6	5400808	0.006

Price($)	Vol.	No.
0.011	131000	4
0.012	1346488	4
0.013	1611003	8
0.014	2637941	12
0.015	2165560	7

Last trade - 15.55pm 31/07/2024 (20 minute delay)

KRR (ASX) Chart