Kingrose Mining - Banter and General Discussion, page-364

Guess

Here we are sitting just above cash backing even though selected by BHP. one of three small cap ASX stocks with the most potential.

Fabian did communicate with me the other day and confirmed ore type at Rana. I was concerned that we may be a laterite ore type which requires acid for extraction, with associated environmental problems.

Confirmed that Rana is Nickel Sulphide with copper and cobalt. This is the most suitable ore for batteries and know we know the grades from past production.
After drilling in July Kingrose will have a better idea of resource size.