KRR 9.09% 1.0¢ king river resources limited

Ann: 27.2 million tonne JORC Fluorite Resource, page-116

  1. 3,981 Posts.
    lightbulb Created with Sketch. 217
    Not a wet blanket at all... very valid questions.

    Like many, I had not heard of flurospar until very recently.. over the weekend Google tells me that flurospar is rather sought after and expected to be in short supply going forward to 2025.

    Sept 2017:
    http://www.miningweekly.com/article...-shortage-is-predicted-2017-09-08/rep_id:3650

    and

    http://markets.*.com/news/stocks/fl...owth-trends-and-forecast-2017-2025-1004028380

    It also tells me that according to USGS:

    All domestic sources of fluorspar are derived from sales of
    material from the national defense stockpile (NDS) and from a
    small amount of synthetic fluorspar produced from industrial
    waste streams.

    https://minerals.usgs.gov/minerals/pubs/commodity/fluorspar/280400.pdf




    soo.. all in all, not a bad thing to have thrown into the pile of goodies that KRC have.

    It would not be such a bad thing if other suppliers sought to obtain this supply also... indeed, KRC could sell the flurospar mining rights and keep the rest.. now fully funded.

    Anyway, all conjecture.. lets see how we go.
    Last edited by rastus2: 26/02/18
 
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