yes, great interview ...you get the feeling it's not going be if but when KRM discover something large enough for BHP to throw major capital to take to pre-DFS..
BHP's $20mill this year to look for targets on permits that are non-core to KRM Geo work
The goal is to uncover a massive sulfide signature.
Next year exploration drill-ready targets with BHP funding ...in the earn-in phase where targets that BHP like will have to fund another A$56mill per target to secure 75% control .... each target (he's hoping KRM guys find more than one target of BHP scale)
Fabian - confident in "Penikat" in becoming 5MOz to 10MOz High-grade PGM discovery
like "Rana" Ni/Cu/Co these projects are 100% KRMs (Maybe BHP might be keen in time?)
so this is what makes me want to continue to add to my position ...
KRM closing value is A$37mill
they have least A$26mill in cash so that gives us an E/V of $11mill
Now if you believe in the Penikat PGM very high-grade discovery using peer low-grade PGM discoveries Mktcaps that E/V is fair value for Penikat at present
So then Zero value for RANA ....
Zero value for the $20mill of BHP funds this year to uncover drill targets
Zero value for upside of GEO work uncovering large targets
...Zero forward value for BHP $56mill per target to take to 75%
- Forums
- ASX - By Stock
- KRM
- Recent 59 Minute Interview With Fabian Baker - Worth Watching
Recent 59 Minute Interview With Fabian Baker - Worth Watching, page-3
-
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KRM (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $28.63M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.8¢ | $781 | 20.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 201500 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 4999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 201500 | 0.036 |
2 | 274752 | 0.035 |
2 | 329411 | 0.034 |
2 | 289685 | 0.033 |
3 | 843333 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 4999 | 1 |
0.040 | 147706 | 3 |
0.042 | 300000 | 1 |
0.043 | 59999 | 1 |
0.044 | 15460 | 1 |
Last trade - 10.38am 02/10/2024 (20 minute delay) ? |
Featured News
KRM (ASX) Chart |