RE: Re:Prospect of Gold is being priced into the Hainan Share Price30 Sep 2025 07:18
Momo, everyone makes mistakes, but in this case, iveanoidea has an idea.
Hainan & KOD indeed have a 51/49 split in KMUK. The problem is that KMUK does not own any gold assets.
KOD owns the gold assets, and Hainan has a 14.9% stake in KOD. Not 51%
So Hainan’s share price can’t incorporate the value of the gold that KMUK has, because it has none. And the gold assets aren’t even reflected in KOD’s share price, let alone it impacting Hainan in any meaningful way