KAS 0.00% 1.5¢ kasbah resources limited

lme tin stocks, page-5

  1. 1,071 Posts.
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    Hey El Capo,

    I don't know much about technicals to even question your price targets based on charting.

    Based on your price target of .10, the current market cap of $118 mil at .32 cents will mean around a 70% fall from current price which will equate to a market cap of around $35mil.

    So in saying that, Toyota's 20% investment in the Achmann project will almost equal the market cap you are targetting based on price. If that happens then Toyota should just buy the whole company based on a few multiples and will still be cheap with respects to the tin resource.

    Given the current global macro conditions, anything can happen, there are so many potential black swan events that occur and will challenge any company no matter how fundamentally sound it is.

    But at .10 cents, if it ever happens, then KAS is will be an absolute absolute steal, but so will hundreds of other stocks in the market.

    As shareholders, if it ever happens then it will be good to have some ammunition and take advantage.

    Investing is not about falling in love with stocks, its about making rational decisions during a very irrational time.


 
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