KRR 8.33% 1.1¢ king river resources limited

Heading North, page-150

  1. 639 Posts.
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    Yes it certainly is hot. Is it any wonder? Have a look at the price, continued rise and this is what makes KRC even more attractive to the other pure V plays. The price increase is of course for a 98% flake (99.5% triples the below figures) Our vanadium, the 4.7 billion tonnes of it and the 99.51% purity, is only a small part of our expected revenue stream. The titanium and iron and fluorspar is worth even more. So if you thought that Vanadium was big well you need to also add in the rest and together it is ginormous. This is why we had one buyer come in for 800,000 options at 5.5c. The time value on the options is huge, 2 years.. he like the rest of us are expecting we are going to be at least 2 x our our current levels at the end of the year. All of a sudden his options that he bought at 5.5c are worth 12c at least. This is why the bonus options are such a wonderful gift, you leave them in the bottom draw along with your shares and have a look what they are worth at the end of the year. We should all do nicely indeed. Let's not forget the gold the we are continuing to drill at Mt Remarkable for the next 4 months and the exceptional, repeated results there. Once that has concluded they are off to the N.T to start some drilling there. This will obviously all be after our CS and SS have shaken the market with those scary good figures that you can already start to work out for yourself.



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Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $16.81M
Open High Low Value Volume
1.2¢ 1.3¢ 1.1¢ $24.59K 2.023M

Buyers (Bids)

No. Vol. Price($)
7 946277 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 38118 1
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
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