KRR king river resources limited

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  1. 21,933 Posts.
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    an idea, purely mine, as in I have no proof as in just a wild guess

    KRR will be split into two companies shortly

    my idea is coming from being a holder of ALK that split away their non core business now called ASM
    which has proven grossly successful

    and I am following that model into KRR
    the HPA is non core business of the potential gold miner
    and this new cheaper process of producing HPA to the 4N level/class in the future Perth processing plant
    with all its advantages will be split away from the parent KRR, shortly

    and the gold can go on digging and playing around (in my thinking)
    while the HPA races ahead

    now as the company have producted in the lab the 4N
    then surely work must be under way to produce 5N also

    now some would be thinking
    why flood the market and reduce the price/dollat value of 5N or even 4N
    now if the company has discovered a cheaper process in time and methods to produce both levels/classes
    and can be produced/processed in an industrail area in a city

    then the company would be a market controller
    rather like diamond miners in SA

    couple this with a huge growing demand
    and the not so well hidden ugly factor China

    then the idea of a seperate HPA business, as an income producer with the parent company the major share holder
    then to me, it makes a great idea, plan
    just like the ALK/ASM model
    AND increases the value of KRR
 
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(20min delay)
Last
1.6¢
Change
0.001(6.67%)
Mkt cap ! $23.41M
Open High Low Value Volume
1.4¢ 1.6¢ 1.4¢ $25.77K 1.719M

Buyers (Bids)

No. Vol. Price($)
3 310761 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 721017 6
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Last trade - 16.10pm 19/09/2025 (20 minute delay) ?
KRR (ASX) Chart
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