I agree @Rayda.
Below are my two cents of what I think will happen to KRR:
1. DFS announced May 2022;
2. HPA to be spin-off into a newly listed company (like A4N-let's call it NewCo) with IPO for new shares. Existing KRR holders will get in-specie shares plus first dip in the IPO;
3. JV partner announced at the same time as NewCo spun off. JV partner to pay KRR/NewCo $x to own a % stake in NewCo; and
4. KRR will have more $ in the kitty and no need to do more CR in the medium term.
Re SP not moving after all these HPA announcements; I strongly suggest comparing with our closest competitor-A4N. Their SP didn't go anywhere until the DFS is out. So, I am getting excited waiting for the DFS because KRR's MC is currently $39m VS A4N's $420m - a potential 10 bags there should our metrics be comparable (plus we haven't included KRR's other assets).
Anyway, have a good weekend all!
- Forums
- ASX - By Stock
- Ann: HPA Project - 99.999% plus purity repeated
I agree @Rayda.Below are my two cents of what I think will...
-
- There are more pages in this discussion • 236 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KRR (ASX) to my watchlist
|
|||||
Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $21.74M |
Open | High | Low | Value | Volume |
1.2¢ | 1.4¢ | 1.2¢ | $45.76K | 3.595M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 429816 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 240972 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 429816 | 0.013 |
5 | 785471 | 0.012 |
5 | 1447366 | 0.011 |
7 | 1733792 | 0.010 |
16 | 4867429 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 240972 | 4 |
0.015 | 512799 | 2 |
0.016 | 90000 | 1 |
0.018 | 55474 | 1 |
0.019 | 1000000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
KRR (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online