At $0.26, KNL would have an undiluted market cap of $31 million.
By mid year it's likely we'll have 2 mines on track for development in the next two years with a combined NPV of $500 million+ and binding off-takes for 30,000 tonnes or more. We'll probably have funding sorted by then as well.
I think these boxes being ticked would justify a market cap of much higher than $31 million.
Frankfurt, page-32
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $47.67M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.5¢ | $22.00K | 209.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 340000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 139712 | 4 |
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| Last trade - 12.12pm 31/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |