KSN 2.99% 6.9¢ kingston resources limited

A DCF model would probably yield a value of well over A$100M on...

  1. 331 Posts.
    lightbulb Created with Sketch. 31
    A DCF model would probably yield a value of well over A$100M on Mineral Hill alone. That’s ignoring upside from extending the LOM and from processing ore for third parties. As you say, Misima can be fully discounted yet MH still provides compelling value. I’ve only become a holder in the last couple of weeks but have taken the opportunity provided by the CR to buy 1.4M shares and rising daily! People forward selling their CR allocations for a 10% margin provide value investors like me a one-time opportunity to build a position without having to pay any premium.
 
watchlist Created with Sketch. Add KSN (ASX) to my watchlist
(20min delay)
Last
6.9¢
Change
0.002(2.99%)
Mkt cap ! $43.72M
Open High Low Value Volume
6.8¢ 6.9¢ 6.8¢ $41.29K 602.3K

Buyers (Bids)

No. Vol. Price($)
4 54351 6.8¢
 

Sellers (Offers)

Price($) Vol. No.
7.1¢ 152255 2
View Market Depth
Last trade - 11.50am 07/05/2024 (20 minute delay) ?
Last
7.0¢
  Change
0.002 ( 4.48 %)
Open High Low Volume
7.0¢ 7.0¢ 7.0¢ 6898
Last updated 10.10am 07/05/2024 ?
KSN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.