KRR 7.14% 1.3¢ king river resources limited

Ann: 99.48% Vanadium purity, page-340

  1. mvc
    2,932 Posts.
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    IMO you are not ramping. I have been investing in various stocks running my own SMSF since 2007 and I have not seen a better investment in a long time. I made a few mistakes on the way with KDR and PLS, still made some good money but I did not appreciate the value of what they had in the ground and sold too soon.

    KRC has the goods in size and grades and I know the area well I lived up that way and have passed through a few times, as recently as 2016, and the locals will support a major development like this, and the other things, like power water and labour are all there and port just 100km.

    It will take 2 years to get to $2, but i think 20 to 50c is very achievable in the short term without ramping. I guess the reason why 10c is a plateau is that we need to achieve for the options, so people are kind anxious for that to happen but once passed i reckon we will be like there goes 10c and next thing before we know it 20+ .

    Its just right now we are all waiting on the 10c thing. Its like when we really want something to happen it seems to take ages and then after u look back and wonder why u stressed at all about something that was a naturally progression.

    To me its that black and white, and I am conservative and a very nervous investor at the best of times, but i can see the obvious with this stock.
 
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