fluorite

session,

""Looks like fluorite is back in the spotlight @possum2 as management continue to kick goals.""


The last time I checked KRC had about 6.7 million tonnes at 25% which equals 1.7 million tonnes at full purity (acid grade) . It currently sells for US$500 . If you then  divide that  by AUS$ .8 you will find that  KRC also has around  $1 billion worth of that material.  Mind boggling stuff to be honest.   And yet here we sit with a market cap of about 50 million.

I am not too sure what this company can do to differentiate itself from other Vanadium hopefuls.

Eventually the market will work it out for itself.  In the meantime it has  provided the opportunity for everyone to fill their boots up with cheap stock.  For those that have done the necessary research and taken advantage of this knowledge they will no doubt be rewarded.  It requires some work but it will pay dividends in the end.

There is an old saying about leading the horse to water but you can't make it drink.


Cheers.