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1.0¢ king river resources limited

Ann: Tennant Creek Drilling Delayed by Rain, page-58

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Gollada

1,497 Posts.

302

03/04/24

14:18

Post #: 73168869
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Originally posted by Gollada: ↑

of course @collipop given their track record we are all at the end of our patience and are keen to vote them out. By mid to end of April, we might also get an update from @mj873 acquaintances regarding their willingness to take over the mgmt of KRR.

The ball is in their court now. Either pull up the socks and up the game or be prepared for the consequences.

Not cross promoting but, DTM went up from 2c to around 4.5c yesterday just on the back of an article published in End of March (At least that is what the mgmt said when they got a speeding ticket). They recently completed drilling so that could be the reason too. SP will only go up if people are expecting positive outcomes in the near term.

With the way the current mgmt is going about it, there is nothing to look forward to for months. Last year was all about about surveys? So there was no hope of any positive, price sensitive outcome from that. Since November 2023, there has only been one round of sparse drilling and that is what they want to repeat in April. This won't cut it.

If they are serious, they need to start drilling multiple sites concurrently and this needs to happen starting in April. We need a string of announcements lined up.

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Even TVN is making more noise than KRR.

KRR Price at posting: 1.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 1.0¢		Change 0.001(11.1%)		Mkt cap ! $13.98M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$1.143K	114.2K

Buyers (Bids)

No.	Vol.	Price($)
2	1300000	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	7113993	13

View Market Depth

No.	Vol.	Price($)
2	1300000	0.009
19	29925928	0.008
7	9238230	0.007
9	5685808	0.006
12	7738888	0.005

Price($)	Vol.	No.
0.010	7113993	13
0.011	782577	4
0.012	1717923	7
0.014	162000	1
0.015	964793	2

Last trade - 10.04am 17/06/2024 (20 minute delay)

KRR (ASX) Chart