KRR 0.00% 0.9¢ king river resources limited

Ann: 27.2 million tonne JORC Fluorite Resource, page-35

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  1. 2,144 Posts.
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    Hi possum, thanks mate.
    We are on a resource bull market which should last many years, as USDollar Index has finished only the first year of its seven year bear market which started in Jan 2017 at 103.00 and now at 90.00 levels. By the time the US Dollar bear market is over we should see low 60s may be over next many years.
    Commodities will reach strato prices towards the tail end of the resource sector bull market, that is the time when all cos like KRC will command sky high SPs, no doubt all the lemmings will try to enter at that point foolishly , just when early entrants like us have to exit. We have seen this game earlier in ASX.
 
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