KRR 8.33% 1.1¢ king river resources limited

HPA Demand, page-29

  1. 1,740 Posts.
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    To start with, i made no claim that HPA cant be produced. Anyone can do that if you throw enough at it. Also you dont know the KRR process is any different or "newer" than others, because you dont know the other processes. Otherwise KRR would have already achieved 4N hpa on existing processes would they have not ?
    KRR couldn't do it with Speewah dirt, and they have taken over 12 mths unsuccessfully with "alternative" feedstocks. There are atleast 6 other Australian Kaolin and Halloysite producers forging ahead with HPA 4N and 5N already, with finance, pilot plants and offtake agreements or DSO.
    KRR are way behind the game here like they were with Vanadium.
    Imo the best feedstock for them to be using would be a "competitors" such as WAK who's mine resource quality is up there with the best around.
    Im sure KRR will eventually make more than a dinner plate full of 4N Hpa, but its consistent precursor they need to produce first.
    So imo they'll be lucky to turn out 1 ton of HPA within 5 years, my educated guess is they will not.
    And at what cost ??? Too early to say.
    How can KRR say they are working on a PFS for a product they haven't even made yet. Unless the PFS is on a Precursor only.?
    The only thing they are mining from here are your pockets.
    Cant tell you my personal background in Industrial chemistry, its a secret. Lol.
    Best you DYOR.

    Your response will be quite predictable im sure.
    Your welcome.







 
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