KRR 6.25% 0.9¢ king river resources limited

Ann: HPA Project - DFS Update, page-50

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  1. 1,178 Posts.
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    @Learning Fast

    What you are proposing would be nice BUT the capex is the killer, always has been unfortunately. Even $600 to $700 million would be a bridge too far I think.

    Whilst the metrics of the return on the products sold are extremely attractive they will still find it very difficult to obtain that sort of funding, in my experience.

    Whilst there are a number of ways to potentially find the construction it will invariably come back to massive dilution of existing shareholders, unavoidably.

    Not sure how this plays out with their gold aspirations.

    Too many moving parts to consider. These types of resources are the domain of the BHP’s of this world, massive expertise and very deep pockets.

    Just my thoughts

    Rayda


 
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