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Buy them in your name, hold for two years and they're free off inheritance tax as an aim stock.... Will them in your will to your grandchildren. You'll maintain control tax free until you die!
Unlike gold and other valuable metal deposits, KP Fertil simply needs digging up. There is no expensive extractive processing, no environmental processing, no high usage of power, only crushing and bagging.
There are many exploration companies with no realised or proven assets with far greater valuations that can, at best, be considered a speculative gamble.
HMI is a company with proven defined assets, defined supply and has total control over its processing and distribution of it product and it is profitable with a long term future.
I don't see why the market does not put a value on the very asset that makes the business a lucrative going concern.....
How can anyone compare one hundred years of proven resources as though they were just valuing fresh air!??
I may be stupid and naive but I thought the company owns the minerals in the ground, a hundred years worth at the current rate of extraction.
My question is, if it has a value, why isn't it shown up in the balance sheet? And why isn't it reflected in the net asset per share....... It only needs digging up, crushing and transporting! - No manufacturing required!!
Surely there must be a valuation given to the raw materials that the company already owns?
If the raw materials in the ground is 100 years x 200,000 tonnes per year that would make it 20,000,000 tonnes.
If we assumed a conservative figure of £10 per
tonne..... Wouldn't that give a valuation of £200,000,000??? - Which equates to £11 per share.
Or am I missing something ?????
A conservative prediction:
$70 Aus per tonne x 25% uplift = $87.5 Aus per tonne.
172,000 tonnes x $87. 5 Aus per tonne = $15,050,000 Aus turnover.
Gross profit 70% = $10,535,000 Aus.
Net profit 40% = $4,214,000 Aus.
Profit per share =$4,214,000 ÷ 189,000,000 = 2.22 cents ÷ 1.74 = 1.27 pence.
Divided 0.3 pence per share.
Retained profit = 0.9758 pence per share.
The company is sat on 100 years of extractable resources.... Only needs digging up, crushing, bagging and delivering.... Simples.... The integrated solar power means there's no grid power costs.
How is all this represented in 'net assets'?
It seems to me like a risk free money pit.... DCBD and bank the cash!!
Why does a puchase of 100,000 shares show up on here as a SALE of 100,000? .....I don't understand.... There is something fishy about this website!!!