Yes I wouldn’t be surprised if they sell the HPA or even a farm-in. Let another company advance it and spend the capital required to get it into production and keep a 20% future royalty stream. Something along those lines. No need to rush in and sell it any time soon, $20M can get us plenty of exploration completed at Tennant Creek well into 2024 and probably beyond.
We have a huge amount of tenure ground in Tennant Creek now so management have to continue to explore and focus on the best prospects and hopefully give us a nice discovery in 2024. Even better, multiple discoveries. At least the drilling is finally all coming together now and no shortage of cash to get it done! Not many explorers on the ASX in these ideal circumstances right now.
- Forums
- ASX - By Stock
- KRR
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-74
-
- There are more pages in this discussion • 29 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
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.75M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $1.605K | 178.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1156020 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 2574128 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1156020 | 0.009 |
14 | 29873302 | 0.008 |
5 | 6108515 | 0.007 |
7 | 5434807 | 0.006 |
12 | 8038888 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 2574128 | 8 |
0.011 | 1289000 | 4 |
0.012 | 941234 | 9 |
0.013 | 696263 | 4 |
0.014 | 591063 | 5 |
Last trade - 13.08pm 30/09/2024 (20 minute delay) ? |
Featured News
KRR (ASX) Chart |