Doesn't really matter for me personally, I'm backing the team, the projects, I understand this is a long term play, will it be a smooth ride? Highly unlikely... Is there risk? Of course... Does the cash balance and royalty give a level of security? Yes! I know old mate Jabra likes to bang on about nickel not being "sexy" but the reality is, it is as crucial as lithium for a green energy future. Every micro cap and his dog are chasing lithium, what do you think that will do to the price in 5 years with regard to supply v demand?
There is clearly a developing relationship with BHP in the aftermath of Xplor, is that any form of guarantee? No. But it does put KRM in a position that 99% of other junior explorers on the ASX would be envious of!
KRM Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
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