GREY:KRMEF - Post by User
Comment by
Lunchisforwimpson Jun 20, 2019 11:36am
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Post# 29844748
RE:RE:Looks like....
RE:RE:Looks like....I am estimating a conservative price of $1.60 (a discount but significant gap up premium to trading). Zinc could do well on global stimulus/china deal and rate cuts (Nexa is committed and building). Have you considered that Karmin mgmt and BOD may consider financing it's portion and then keeping the 30% ownership if they do not get a fair offer. Nexa is gambling Karmin mgmt is a bunch of penny stock dumb dumbs that cannot raise their portion of the mine build. They would be wrog top take that approach but so be it. Karmin could pay it's shareholders a serious divided of 10 to 15% annually off their portion of the mines production and the rising price of gold. Aripuana production that could run for 25 to 30 years. This is one of the top twn largestzinc resources on the planet at this time. I would take that all day long.