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0.9¢ king river resources limited

Monday is my guess.

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bobbym

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26/10/18

13:11

Post #: 36273475
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Originally posted by waeyap01 ↑

Originally posted by fnbig1
Great work in digging this out! Love your work!

The thing that stuck out for me was v was targeted at $13.5 / lb back then and that is what they prices the SS based on. We are now at $32.50 / lb and rising 1% to 2% a day.

The last PFS appears to have fallen over due to largely being at the wrong time with softer commodity prices. With v prices now 2 1/2 better than back then, and the forward outlook for V looking strong (China steel needing more v and v becoming potentially a key cog in the clean energy revolution), it feels like we are in a much better position to take this forward.

Adding in some new finds since then (including flurospar), new technologies and efficiencies in extracting and processing the raw material, I find it hard to see how it won't be commercially viable even if there isn't anything new or groundbreaking that comes out of the SS.

We appear to be in a pretty strong position. Not sure if this is just wishful thinking but would love to hear about multiple interested JV / offtake parties and KRC working through a process to chose the most viable proposal.

And as a hedge, keep looking for that monster high gold vein deposit. Sell that resource and use the proceeds for that to fund the v project.

AIMO. DYOR.
Hi fnbig1

Thanks for pointing out the targeted price back then was $13.5/lbs. I did a quick search and the market price of V back then was around $6-7/lbs. Based on current V price of $32.50/lbs, the SS should look a lot more positive!

Anytime now!

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Monday is my guess.

KRC Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $12.98M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.9¢	$5.031K	559.3K

Buyers (Bids)

No.	Vol.	Price($)
21	31219339	0.8¢

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Price($)	Vol.	No.
0.9¢	600000	1

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No.	Vol.	Price($)
19	31179551	0.008
5	3869627	0.007
7	7989696	0.006
12	8038888	0.005
4	4349990	0.004

Price($)	Vol.	No.
0.009	600000	1
0.010	3503877	9
0.011	1900100	6
0.012	788734	7
0.013	676263	3

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Monday is my guess.

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Monday is my guess.

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