KRR 8.33% 1.1¢ king river resources limited

Ann: Trading Halt, page-7

  1. 1,142 Posts.
    lightbulb Created with Sketch. 201

    Any thoughts on the numbers and the strategy to get this project going?


    IMO the numbers are going to be huge based on:

    • the increase to 10mtpa from the 2012 SS,
    • the Au$ being at .71 cents,
    • the price of V being at high prices per pound.
    • Reduced capex expenses, the company appears to have had a laser like focus on investigating methods / processes to reduce costs.


    Initially I think there may be a focus on getting to stage 1 of the process which in my understanding will be beneficiation to produce a concentrate and then sending it to third parties (JV partners) to further processing.


    Surely there will be a recommendation to go to PFS.


    I am also hoping there might be a 1 - 2 punch from TB on Friday with an initial findings type announcement on Friday regarding finding visible gold from the diamond drill hole.    

 
watchlist Created with Sketch. Add KRR (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $16.81M
Open High Low Value Volume
1.1¢ 1.2¢ 1.1¢ $3.044K 271.7K

Buyers (Bids)

No. Vol. Price($)
5 1068822 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 983765 4
View Market Depth
Last trade - 15.40pm 29/07/2024 (20 minute delay) ?
KRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.