Yes, we are here now 21 days into Q2 of 2021 and still no PFS. Yes, I am very disappointed with no news from KRR just like everyone else. Yes, they have promised before and not delivered. Yes people are really having their patience tested with delays.
The company only has to come out with a PFS and say they can achieve HPA (4N) consistently and on a larger scale, along with a cheaper route and thus a cheaper CAPEX & OPEX as well as independent tests proving it, and the SP will move up dramatically.
I have been holding for quite some time along with a few other investor friends and though it is extremely frustrating to see the SP where it currently is and with no news from KRR, all we can do is keep on waiting. If I were to sell out now, I would be a mug, considering the company must be on the cusp of releasing an announcement surely.
I would imagine there could be a few small tweaks to be done to the testing & equipment. Waiting on Como engineering, project manager etc to sign off on and hand in. For now, I will just wait and see, as I don’t have many options. Apart from selling to break even, selling at a loss or keep to see how the market reacts to the release of the PFS. (I will choose the latter) as things must be moving forward.
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My comments/posts are based completely on my own experience thoughts and interpretation along with my current financial position at the time.
Conduct your own due diligence, consult a licensed financial advisor or broker before making all investment decisions. As usual, all constructive criticism welcomed. Good luck to all that hold.
