KRR 3.85% 1.4¢ king river resources limited

Ann: Tennant Creek Drilling to Commence, page-87

  1. 11,272 Posts.
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    If we have diversity like we do, i would prefer to keep it at king river resources. King river copper keeps us too confined, especially if copper drops again. It’s still very low historically! We have gold, copper, silver, hpa and likely more commodities once we drill out our TC tenures. Resources fits the scope here!
    No need to worry about a raise any time soon, even with a ramped up major drilling program, another $5M is on our way from the TVN deal in early 2024.
    A CR as another poster mentioned is well in the future! Right now the focus is solely on TC drilling and testing those 20 plus priority geophysical targets they have uncovered.
    This is the best primed explorer on the ASX right now imo.
    - Plenty of cash
    - Drilling programs underway and many more metres locked in for 2024
    - Multiple high-priority Geophysical targets meaning more chances of success.
    - A mineral rich region with plenty of companies active in the region and likelihood of major infrastructure upgrades in the future going by their recent intersections.
    - Our target minerals appreciating in price and expected to perform well in 2024.
    - A great value and cheap buy historically in the charts and with plenty of upside. Our HPA asset and proven Mt remarkable project worth well above our current market cap imo.

    Good luck everyone!
 
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1.3¢ 1.4¢ 1.3¢ $17.22K 1.276M

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