KIM kimberley diamond company nl.

musings

  1. 2,126 Posts.
    Some rough-and-ready calculations - open to correction.

    1. Long mine life

    2. At $170/carat, 400000 c/y, from 6 m t/y at $12.50 cost/t : earnings $62 million after costs per year

    3. With cap of $270 m, less than 5:1 P:E.

    4. Debt down to $20 m.

    Have I missed anything?

    Note no idea of other costs - could be highish?
 
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Currently unlisted public company.

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