KSN 1.27% 8.0¢ kingston resources limited

Agreed - crazy value here.Current MC is $45m….let’s break that...

  1. 5,056 Posts.
    lightbulb Created with Sketch. 845
    Agreed - crazy value here.

    Current MC is $45m….let’s break that down.

    Current gold producer with a monthly profit of ~$1m
    ~$6.8m in cash reserves
    Plant at Mineral Hill valued at ~$72m (insured value)
    ‘Misima up for sale at $150m (let’s say they only get 50% of that
    Milestone payments still coming from Livingstone (I believe)
    Gold bull market (apparently)
    Low SOI (relatively)

    Clearly plenty of growth ahead in share price based on current metrics/value
 
watchlist Created with Sketch. Add KSN (ASX) to my watchlist
(20min delay)
Last
8.0¢
Change
0.001(1.27%)
Mkt cap ! $56.56M
Open High Low Value Volume
7.9¢ 8.0¢ 7.9¢ $19.78K 250.3K

Buyers (Bids)

No. Vol. Price($)
4 326009 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 547732 4
View Market Depth
Last trade - 13.00pm 12/07/2024 (20 minute delay) ?
KSN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.