Full disclosure I used to hold this. Got out when they started delaying their V announcements and paid for adverts. Clear as day to why they tried to buckle this together. I'm not sure what a reasonable capex for this was tbh, but seeing most competitive plays are significantly less and can reach better IRR on a more conservative feeder costs, I suppose those would be a good target range. For the market atleast, that's what you would hope for. And yes, a PFS is suggested to commence at the start of next year, but anything can change. I highly doubt an offtake will be locked in off the back of this. Feel sorry for holders tbh. Pump n dump.
KRC Price at posting:
5.6¢ Sentiment: None Disclosure: Not Held
