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0.9¢ king river resources limited

Hunter was my first pick. Always curious as to why it wasn't...

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knotnauti

1,753 Posts.

384

25/09/24

14:32

Post #: 75833432
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Originally posted by Gollada: ↑

That is true for every mining entity in the exploration phase.

We are here because we believe KRR is sitting on a prospective site.

No one is blaming the mgmt for not hitting gold ( this is despite them spending over a year on surveys)

What the SHs are uncomfortable with is the lack of urgency, drive, vision, and initiative from the mgmt. This is resulting in extended delays and a drop in momentum.

Kurrundi should have been their first pick. That didn't happen.
They could have drilled Kurrundi while the survey was being undertaken. That didn't happen either.

To top it there is a conflict of interest between buy-back and performance right. The net result is to take the shares off the market and eventually give them to the directors.

The onus is on the mgmt to prove the delays are not deliberate and by conscious choice.

And we haven't even touched on the sudden canning of HPA without any prior notice or indication to the shareholder.

Just my opinion. DYOR.

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Hunter was my first pick. Always curious as to why it wasn't mentioned. Or any of the other Whitewater leases.
Even Torrens had 8gpt rock chips.
Not that im a fan of rockchip samples.
However, at what point does one realise, you've been had ?.

KRR Price at posting: 0.9¢ Sentiment: Hold Disclosure: Not Held
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(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¢	$417	46.38K

Buyers (Bids)

No.	Vol.	Price($)
3	999999	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	2529186	8

View Market Depth

No.	Vol.	Price($)
3	999999	0.009
13	26873302	0.008
6	6133515	0.007
7	5434807	0.006
13	8594887	0.005

Price($)	Vol.	No.
0.010	2529186	8
0.011	1379000	5
0.012	941234	9
0.013	696263	4
0.014	591063	5

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