KRR 5.56% 1.0¢ king river resources limited

Ann: Quarterly Activities Report-KRC.AX, page-2

  1. tcf
    6,864 Posts.
    lightbulb Created with Sketch. 273
    KRC plans:
    * To stick a couple of cheap shipping containers or similar on site at Speewah Dome to use as and office/store room;
    * Engage a team of geologists to evaluate the tenement areas,

    commencing May.

    As announced - they can't fund this ongoing activity/investment without raising new $$s.

    With nothing left to fire up the share price WHY have they waited so long for the fundraising?

    Or maybe they will mention the Lithium word soon!

    Expect significant dilution of equity at a fraction of the current share price for the fund raising.

    KRC is looking more and more like a tadpole in transformation with no princess in sight.
 
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