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0.00% 1.4¢ king river resources limited

Ann: Sydney FNN Presentation, page-6

  1. Hrdwk
    1,135 Posts.
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    23/10/18
    16:30
    Post #: 36228239
    His explanation from memory was the ore was unoxidized and more responsive to magnetism. I am assuming more responsive to magnets because of the iron content.

    Also spoke about the strip ratio of every 1.4 ton of material dug up they get 1 ton of ore. Also the flat lying nature of the resource will be cheaper to mine
    KRC Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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