If the Indo government did exercise it's option to buy it's share of the project, it would just put more cash in the KRM kitty, and essentially will force them to look to find another project. The terms are 'market price' which typically equates to share price. So another $15m in the bank on top of $38m treasury- you would have a shell with cash at 2.5x current market cap.
I would call that a great scenario.
If KRM find more gold and keep producing at NPAT like they did in 2020 I would call that a greater scenario.
More upside than downs when you have a negative EV.
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Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.09M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.5¢ | $613 | 16.83K |
Buyers (Bids)
No. | Vol. | Price($) |
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8 | 793885 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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3.6¢ | 996116 | 1 |
View Market Depth
No. | Vol. | Price($) |
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8 | 793885 | 0.034 |
2 | 830000 | 0.033 |
1 | 41660 | 0.032 |
1 | 151515 | 0.031 |
1 | 100000 | 0.030 |
Price($) | Vol. | No. |
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0.036 | 996116 | 1 |
0.037 | 485445 | 3 |
0.038 | 395044 | 4 |
0.039 | 336598 | 3 |
0.040 | 458501 | 5 |
Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
3.5¢ |
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Change
0.000 ( 2.78 %) |
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Open | High | Low | Volume | ||
3.6¢ | 3.6¢ | 3.5¢ | 9387 | ||
Last updated 15.38pm 26/04/2024 ? |
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