RE: Wow!!21 May 2022 00:52
This is how ridiculous the KDNC share price is currently:
• Market Capitalisation KDNC £26m $32m usd
• 27% of Iron ore stockpile 1.2m tonnes @ $150 t sat in storage at the port. $48.6m usd to kdnc
•So current kdnc value assignees nothing for other projects, and not even full value for the 27% iron ore stockpiled!
• Emh Holding kdnc 8.7% holding mcap £104m £9. (no value assigned)
• LT&LS holding (selling for £3.72m $4.645M usd) (no value assigned)
•Amapa mine and associated infrastructure 27% share previous owners Anglo American valuation $1.2 billion (no value assigned)
•1% KDNC holding of Macarthur minerals mcap $45.5M cad $455k cad (no value assigned)
•Yangibana Rare earth project NPV8 $1billion, kdnc 30% (no value assigned)
Lth don’t need this explained to them, however, if your looking in over the weekend, and thinking of potentially investing in Kdnc, get reading those RNS’s!
And if you are a lth, perhaps a nudge down here, and don’t get dislodged from your shares on the cheap!