I agree with you @waeyap01 believing in Tony’s character due to meeting him at the AGM’s. This is not his first venture and I felt very confident in Tony as well as the management that run it. I am very frustrated yes, but eventually KRR will be a shining light in the market, even with all the delays.
I would rather there be delays in the PFS due to the COVID19 & it’s second wave, but mainly so that KRR can achieve all the test work & studies and along with proving they are correct, can be given the green light to release the PFS. That way people can go over it with a fine toothcomb and not find anything wrong with the data and figures and the process has been proven.
Also worth noting the PFS CAPEX & OPEX for the HPA will be in the $millions not $billions this time, along with all the other minerals (V205, Al2O3, TiO2, Fe2O3) they will be able to stockpile ready for when/which of those minerals become the flavour of the market & prices increase. KRR won’t be just a one mineral producer, it will be able to change to worldwide demand and supply.
For those that wish to research 4HPA here is a site to start with: https://tinyurl.com/ya8l4bvb
Yes, all holders are frustrated with the fact the PFS has not been released, but focus on the long-term view. For now, all we can do is wait for positive announcements to come and I would imagine there would be before 31 July 2020.
My comments/posts are based completely on my own experience thoughts and interpretation along with my current financial position at the time.
Conduct your own due diligence, consult a licensed financial advisor or broker before making any investment decisions. As usual, all constructive criticism welcomed. Good luck to all that hold.
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