KMC kalgoorlie mining company ltd

in terms of looking at investments as % ownership of the entire...

  1. 3,312 Posts.
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    in terms of looking at investments as % ownership of the entire company, this is my biggest investment... And by quite a long way.

    Until 15c, it is nuts. In terms of a fair value for a company with good credentials a good drilling target where they have already proven economic viability i would be thinking at least 60-100 million today. If they can get a 1mill oz resource, IMO this could be 150-200 with a year. Especially if gold hits 2k.
 
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Currently unlisted public company.

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