KRR 0.00% 1.4¢ king river resources limited

David Falcon.............both AJ & MM have covered the answers...

  1. 2,558 Posts.
    lightbulb Created with Sketch. 2446

    David Falcon.............both AJ & MM have covered the answers to your post here and they are both correct.

    The Annual Report covers the period only until end of FIN year. Since then we have had raised many millions and our position is extremely good looking forward.
    The "only" need to possibly raise more capital would be for a saturated infield drilling program of either TC or Mt Remarkable. Ie: drill the "bugger" out of it to provide a Resource figure for a JORC. Min target size would seem to be 250,000 oz.
    The $2 Million Private Placement showed its not so hard to raise such an amount.

    MMs response "That's a typical cautionary statement by market regulations. They have to include that or else they cannot release the annual report." is also correct and one must remember that KRR is an "Explorer" at this current stage looking at becoming a producer [miner] in the near future.

    Good work AJ & MM.

    Yak52
 
watchlist Created with Sketch. Add KRR (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $21.39M
Open High Low Value Volume
1.4¢ 1.4¢ 1.4¢ $2.389K 170.6K

Buyers (Bids)

No. Vol. Price($)
2 645347 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 369136 6
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
KRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.