KRR 0.00% 0.9¢ king river resources limited

Ann: Binding Term Sheet signed for sale of Speewah Project, page-29

  1. 6,849 Posts.
    lightbulb Created with Sketch. 1440
    KRR must be pretty confident on MT Remarkable and Tennant creek to let go of the mother load of vanadium,
    The 650km to port was always the 64 dollar question for me, And the processing plant I remember from feasibility study was in the billions. I was in KRR for the LT on vanadium but considering MC of 18m
    and money allocated to Tennant Creek
    and current economic climate, Gold is a good hedge against inflation.
    Looking back over announcements some good strikes at Mt Remarkable.
    Just bummed cos I invested years ago for vanadium asset. Suppose with interest rates going up, Those that were interested in bankrolling KRR will be looking at vanadium sites closer to ports and processing plants.
    Gee remember the free oppies at 11 cents
    faaaark how far things have fallen through inaction.
 
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