I previously posted a chart in regards to the consolidation phase KRC has been going through since April 2018, we still need to BO of the 10.5¢ as it has now been tested 5 times. The more often a resistance is tested the bigger the BO. I personally cant see the SP dropping below the current prices due to people not wanting to sell pre the bonus option issue of 1 free option for every 3 shares held. There could be a bit of a sell off post bonus option issue.
Chart 03-07-2018
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KRC have said in their announcement 20-06-2018 " This pit study has encouraged KRC to scale up the vanadium-titanium-iron project Scoping Study to almost twice the size of the planned operation reported in the 2012 Scoping Study, which then was 6.3 mtpa so over 12 mtpa now.
If we go back to the bulls and bears interview video with Matt Birney & Tony Barton January 2018, from the 8:40:00 timeline onwards you will hear that Mr Barton states that the (project will cost somewhere between $200 to $300 million and so they will be looking for a JV partner) not quoted. Announcement 23-04-2018 "Q3 2018 Advance discussions with potential joint venture parties on completion of the Scoping Study." To me, that would mean they are already in preliminary discussions with a JV partner to be able to be in advanced discussions by the next three months.
With the CS/SS it may take a bit of time, but better to make sure it is economical/feasible and correct before posting. Also with the vanadium purity they are designing their own process to produce very high purity Vanadium Pentoxide. KRC will have their own technology rights and won’t need to be buying licenses etc, to transform the very high purity Vanadium Pentoxide into vanadium electrolytes. KRC will be the envy of other similar companies.
As I have mentioned before KRC aspires to be the largest, highest purity, lowest unit cost producer of Titanium, Vanadium products in the world, without the constraints of ore body shapes, technology agreements, marketing agreements etc, that other competitors will be forced to operate around.
Some light reading for KRC share holders new and old, on this miserable cold wet day in Perth, or wherever you maybe .
35 Minerals Absolutely Critical to U.S. Security
http://www.visualcapitalist.com/35-minerals-critical-security-u-s/
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What do cobalt, uranium, helium, titanium, and fluorspar have in common?
According to the U.S. government, these are all minerals that are deemed critical to both the economic and national security of the country.
Industrial Minerals: Strong fluorspar pricing to continue into 2019
http://www.branduk.net/industrial-minerals-strong-fluorspar-pricing-to-continue-into-2019-producers/
http://www.mining.com/web/best-performing-battery-metal-past-year-isnt-cobalt/
http://www.mining.com/web/vanadium-batteries-need-elon-musk-moment-kick-start-market/
http://www.mining.com/vanadium-coated-smart-glass-saves-energy/
(20min delay)