KRR 0.00% 1.4¢ king river resources limited

We are guaranteed $10M from TVN shares regardless, even if they...

  1. 11,235 Posts.
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    We are guaranteed $10M from TVN shares regardless, even if they go down to 2c. This deal was re-negotiated because TVN failed to make their payment on time. IMO selling Speewah Vanadium when we did was a blessing. TVN paid top market rates for it at the time and since then the battery tech space has only struggled and declined. This is because more technology is coming through and a lot of people waking up to the EV scam with most EV"s now only worth scrap metal. The decline of Li has affected the rest of the battery markets and there is now a focus on new technology such as hydrogen, nuclear cells etc.

    Copper, gold and silver have a strong future and they are our main plays in TC. Gold and silver will rise due to worsening economic and geopolitical issues and Copper is predicted to surge due to the AI boom, with AI companies constructing mega factories and its need to power servers and technology due to its conductivity effectiveness. Plus, increases in infrastructure projects if economic issues continue - most governments do these infrastructure surges to try to counter economic declines and keep the workforce strong.

    Any decent hits of the above minerals and we are getting a huge re rate IMO.

    Collipop can you please say something negative now so my 0.8c buy gets hit finally?!
    Last edited by coto: 31/05/24
 
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