KRR 0.00% 0.9¢ king river resources limited

Based on the 2012 ssyou can almost guarantee they will annouce...

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  1. 151 Posts.
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    Based on the 2012 ssyou can almost guarantee they will annouce they will be progressing to pfs.

    The key is chance of getting funding, which killed the last pfs.

    A few things have changed since then;


    v price up significantly, higher demand

    pit size doubled

    continued exploration of resource indicating potential low cost to mine

    99.5 purity achieved, feasibility tbc of course


    I dont recall the aud at the time, but its favourable for an exporter atm


    As an investor id like to see some capex/opex estimates to be able to gauge likelihood of getting the pfs done this time. We dont necessarily need to be producing 99.5 grade and the board is on the same page here from what i have read, so that could help our cause.




 
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