KRR 11.1% 1.0¢ king river resources limited

respectfully mrstu, i do disagree with your first sentence.the...

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    respectfully mrstu, i do disagree with your first sentence.

    the feasibility studies have proven to be failures regardless of whose hands they were in... and they were a decade apart!

    the V asset is just too low grade to make it viable... from memory you had to move a tonne of dirt to milk a drop of V.

    barring a long term rerate of the V price... or some technological advance... or a left field advancement in cost savings... then this project just wont see the profitable light of day.

    the fact that it's still stranded proves as much... otherwise a more astute management team would be knocking down the door to take it off the bankers hands and monetise it.

    your second sentence however, 100% agree with you there!!
 
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