Fix Kin Mining - Keeping them Accountable, page-7

After a 20c float ($15M market cap), Murchison shipped iron ore within 2 years of listing, and eventually ended up selling a half share in their project to Mitsubishi for $325 million. 46c per share was returned to shareholders after the sale in cash. Prior to the impact of the GFC it had a market cap of over $2 billion, and raised over $100 million from Instutitonal investors (something Kin has never been able to do). The difference between Murchison's listing share price and its share price highs exceeded 1,500%.