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7.69% 1.4¢ king river resources limited

Personally I'm not enamored by this announcement.  It says to me...

  1. Boro76
    494 Posts.
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    15/10/18
    12:10
    Post #: 36124956
    Personally I'm not enamored by this announcement.  It says to me - poly metal mix / metallurgy is complex and the acid solution has concerns (because they are exploring many options).  This is good DD as well by management, but, between the lines, says to me its complex.  Acid requirements seem high. and I infer possibility of high capex and opex from this.  


    Last edited by Boro76: 15/10/18
    KRC Price at posting: 5.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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