KRR 0.00% 0.9¢ king river resources limited

Ann: Mt Remarkable Gold Update, page-31

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  1. 274 Posts.
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    Good point, Binwood. Gold project is still early days and the impact on KRC will be minimal.

    Key catalysts will come from :-

    - CS/SS on Vanadium
    - CS/SS on Fluorite
    - Agreement with Strategic Investors

    Sale of Fluorite asset or spinoff going to JV may be considered to fund capex costs for Van/Tit. I envisage a similar strategy for Gold project if proven feasible - perhaps a JV with FMG.

    The point is that KRC has various options to deal with its assets and to raise funding - in a way, we are lucky as such.

    The other important matter, which I have raised before, is KRC must engage a financially strong/established Strategic Investor. Anything less could bring risk to the company and will destroy shareholder value. Am sure TB is aware.
 
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