I'll probably get moderated for this as I want to criticise management of KRC.
They've been leading people on for the past year and again today with that statement from Tony.
They should be censored, or much much worse. The grade is not good enough to even mine
the thing let alone the $2bill + capex!!!
I havent posted anything on here since it was 12c, and I even warned when it was 19c.
People get a grip…. its not a one way street, look at the competition (I wont mention
any by name) and they have a capex of less than $400m!!!! and easier to mine and
proces the 3x the grade ore!!!!. So why would some like BHP invest here when they can
over there??
Ohh because KRC have a 1000 year mine life...?? Well, that means a 1000 years of losses!!!
Like the old saying goes grade is King. (not King river copper)
But good luck to all holders. Stick to the fluorite and the gold, thats where the
real value could be.
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4 | 2971378 | 0.007 |
8 | 8989696 | 0.006 |
12 | 8038888 | 0.005 |
Price($) | Vol. | No. |
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