KRR 0.00% 0.9¢ king river resources limited

Ann: Vanadium Scoping Study, page-83

  1. 2,623 Posts.
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    I'm sorry smitty that you guys have had a tough ANN today but fact is mate that I am not a down-ramper at all and that was my first and after this post, my only input to these threads. My input was simply because I find it hard to fathom how investors when after reading such an impossible bit of news, can somehow speak so confidently about the next 12 months - the future is clearly lined out in that ANN I'm afraid to say.

    If this company follows the 99% of others in a similar situation then I would be expecting to see the SP of KRC at under 2c in 12 months and that is simply based on 12 years experience after news of expected massive Capex's and long lead times released by many companies - it simply has nothing to keep investors interested and as Lawyer Trader mentioned - "reality" sets in eventually.

    Not many here speaking the truth would be trying to "make themselves feel good" as you mentioned - far from it mate, I feel pain for you cause I have been there but I have learnt how to 'read' over the years and it's right there in front of all of you now I'm afraid.
    I hope I'm wrong and you do well but the past will disagree with that for sure.
 
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