KRR 0.00% 0.9¢ king river resources limited

Ann: AGM Presentation, page-45

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  1. 4,002 Posts.
    lightbulb Created with Sketch. 1311
    Careful what you wish for.

    They can't do everything without the funds to do so.
    Their current focus is on the one project likely to get them to a positive cash flow earliest and delay or avoid more CRs which all investors hate.

    The only way to move the other assets forward is to find more cash.
    The only ways to do that without a large CR is to restructure them and put them into an IPO or via JVs which they may be looking at.

    Easy to criticise. Not so easy to accomplish.
    Last edited by AlexanderJ: 26/11/21
 
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