Perspective If Karora continues through this year at a forcasted 11% annualized revenue growth rate that some are forecasting, that will certainly be fine by me.
“By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 7.4% annually. Even after the forecast slowdown in growth, it seems obvious that Karora Resources is also expected to grow faster than the wider industry.”
https://www.yahoo.com/now/karora-resources-inc-tse-krr-125341832.html
Karora is definitely the type of mining company I want to be in. There are just so many different indicators/measures of growth involved when you are evaluating an up-and-coming producer/explorer such as Karora. Revenue growth is but a single factor to be considered when attempting to place a valuation figure on an operation such as ours.
“Investors should focus on the many other highlights that outline KRR’s growth expectations. Expansions remain on track to double production by 2024 and we expect the market to focus on this long-term.”
https://redcloudfs.com/wp-content/uploads/2022/05/20220512-KRR-Update-2.pdf