KRR 0.00% 1.2¢ king river resources limited

Ann: High Purity Vanadium Update, page-38

  1. 78 Posts.
    lightbulb Created with Sketch. 27
    So before people start yahooing let's compare the two processes.

    1)Both use the vanadium-iron concentrate after the titanium has been removed.

    2) both mix that concentrate in a caustic solution to remove the iron.

    3) both add a HCl solution. (It isn't clear imo from these announcements that the HCl is used purely to settle the ph or remove contaminants or both in both of the processes).

    4) now after this there are 3 more stages for the AMV process. There are no additional processes for the acid leach route that produced the 99.48%. Are the additional stages economical. That is what I can't tell.

    Great start just waiting for more info. People who are saying this process is more economical haven't read the announcement properly.

    The reason I have invested in this stock is because my maths has this economical without reaching the EV grade V. Any improvement is just a bonus. Interested to see if the market agrees with my analysis.

    GLTAH DYOR
 
watchlist Created with Sketch. Add KRR (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
0.000(0.00%)
Mkt cap ! $18.33M
Open High Low Value Volume
1.1¢ 1.2¢ 1.1¢ $3.411K 304.5K

Buyers (Bids)

No. Vol. Price($)
3 495310 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 939015 3
View Market Depth
Last trade - 15.44pm 26/07/2024 (20 minute delay) ?
KRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.