KRL kangaroo resources limited
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need more profit

  1. Beardy
    2,468 Posts.
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    25/03/11
    20:31
    Post #: 8167841
    According to Nannock, profit will be $ 35 per tonne

    If they get 500,000 t pa, they make $ 17.5 m

    Big deal===they have 3 billions shares to spread this over

    Means each shareholder gets SFA

    What am I missing here ?
    KRL Price at posting: 12.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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