KML kangaroo metals limited

Quick and dirty math....$6.5m of tin in the DD area and 3x the...

  1. piratexxx
    18 Posts.
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    13/06/08
    14:59
    Post #: 3854553

    Quick and dirty math....

    $6.5m of tin in the DD area and 3x the area on the mining lease. 70x on the exploration ground being acquired, discount it 80% for risk, so 14x.

    That still comes in at a tidy sum of $90m, and another 5x times that area on the new tenement pegged.


    P
    KML Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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