KIM kimberley diamond company nl.

Struck me as being a bit odd. I haven't got the wherewithall to...

  1. 55 Posts.
    Struck me as being a bit odd. I haven't got the wherewithall to check their background/relationships. They either know something about where KIM SP could settle or they are a 'front' for GEM? Noted the acquisitions started soon after GEM started sniffing around.
    Strat
    I haven't heard from anyone yet on how to value KIM. Some of the basics that make a mockery of 70c p/s or $300m total:
    Total set up cost/investment to date $150m+
    Gross assets $193m
    On the cusp of processing 600,000 carats for $130m annual.
    A known resource of 5m carats worth $1075m, before the 40% increase to E9
    Plenty more upside resource potential
    40% Blina
 
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Currently unlisted public company.

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