KRR 9.09% 1.2¢ king river resources limited

Figures, page-3

  1. 4,002 Posts.
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    @AussieBryan thanks for doing the basic numbers, now allow me to do some simple maths

    Based on the above estimates and exchange rate for USD, my calculator has determined that 39,000 of 4N HPA should return approx AUD$1,311 Billion per annum. using the following calculation:

    AUD$33,629.91 per ton times 39,000 tons.

    Assuming credits from the other products pay all the costs, the annual profit may be AUD$1.3 Billion.

    Latest market cap according to CommSec is AUD$28,7 Million.

    Hmmmmmmm ..... even if the revenue estimates end up a bit lower (or even a lot lower) there seems to be a bit of a disconnect between current market cap and future earnings potential.

    I hope that we receive regular PFS updates between now and March 2020 to reassure loyal investors.

    Please DYOR and your own maths before making any investment decisions as this is not financial advice or a stock recommendation.
 
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