If the market demand in 2028 is 272,000tpa of greater then that 12,000tpa being produced by KRR would only amount to 4.3% of Global demand.
By 2028 KRR could have easily expanded its original PPP with its modular design several times over!
How many players are there in the manufacture of HPA 4N Globally now or anticipated in the next 5 years? Not many. Big market with very few players to satisfy it!
And most if not all would be stuck with a "traditional" plant design and not a modular "expandable " design such as KRR's.
This is looking better & better for KRR. Cannot wait to see the final numbers in the PFS when Announced. I read somewhere that some other "competitors " in the HPA had costs of $6-7,000 producing their HPA 4N. How much could KRR come in under that figure if possible? Entirely on the cards due to our Processing method.
KRR real is "sneaking in under the radar" so to speak, so any really good numbers will put a rocket under the company and SP. It could one day end up with a HPA Division, Gold Exploration/Production Division & Vanadium/Magnesium Division[Speewah] all as separate entities owned & controlled by the Parent Company. And if supply of Alumina feedstock became an issue in the future we would still have all that HPA concentrate available from Speewah that probably would be stockpiled in the Kimberlies. A backup for the [PPP] feedstock would be good for the business model as well.
Yak52
KRR Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
