KRE 0.00% 6.9¢ kimberley rare earths limited

crazy-$12.4bill asset now at cash backing 15c!

  1. 776 Posts.
    KRE appears to offer an amazingly cheap entry into the booming Rare Earths sector.

    Recent heavily oversubscrised IPO at 20c, with a tick over 125mill shares, and $18 million in the bank.

    Cash backed at approx 15c... this really is unbelievable.

    The value of their KRE's deposit has increased 4-fold so far from $3 billion to $12 billion and this month is probably worth $15 billion!

    ...and yet the stock is trading at 15c and hence absolutely no value has been attributed to this asset.

    I have been and will continue to buy this, and i sincerely thank everyone who has been giving me their shares.

    I am using this fear-driven market to load up, and when the tide turns in July...no one should be surprised if KRE is trading at $1.

 
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Currently unlisted public company.

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