KRR 0.00% 0.9¢ king river resources limited

Any thoughts on the numbers and the strategy to get this project...

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    Any thoughts on the numbers and the strategy to get this project going?


    IMO the numbers are going to be huge based on:

    • the increase to 10mtpa from the 2012 SS,
    • the Au$ being at .71 cents,
    • the price of V being at high prices per pound.
    • Reduced capex expenses, the company appears to have had a laser like focus on investigating methods / processes to reduce costs.


    Initially I think there may be a focus on getting to stage 1 of the process which in my understanding will be beneficiation to produce a concentrate and then sending it to third parties (JV partners) to further processing.


    Surely there will be a recommendation to go to PFS.


    I am also hoping there might be a 1 - 2 punch from TB on Friday with an initial findings type announcement on Friday regarding finding visible gold from the diamond drill hole.    

 
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