Originally posted by AussieBryan
@
Yak52 What pressure do you recommend putting on management to change the situation? Also why not phone or email them yourself with your regards? Most people in this forum are shareholders and such are entitled to contact the company. KRR contact details below for everyone.
I for one am currently sitting with a 60% loss on initial investment, and I know personally of a few others likewise. Now I could have cut my losses and bailed. Looking back with hindsight I should have, I would have made a profit of 15% in 3 Months, but the more I researched the company the more I liked it. We are in a downtrend in the market overall and I don't see it getting better till 2019.
I can only place 4 ASX shares to compare on my chart so I picked 3 Vanadium players in Australia with KRR. You can see how the release of the SS on 2 November 2018 affected the SP dramatically.
That is why I am not watching the screens and enjoying family time and the festive season. There is too much going on in the world and the markets which is causing instability .
Yes I am expecting results/announcement in the next 2 weeks, followed by maybe the desktop study January, not sure if that will be made public or not. (Can any others that attended the AGM clarify that)
We will then have a new scoping study (SS) March 2019 followed by the pre feasibility study (PFS) June/July 2019, which will show much lower figures, due to new leaching process and new process plant.
My comments/posts are based completely on my own experience thoughts and interpretation along with my current financial position at the time.
Conduct your own due diligence, consult a licensed financial advisor or broker before making any and all investment decisions. As usual all constructive criticism welcomed.Good luck to all that hold.
I am in the same boat as you.
On a more positive note, one of our peers TNG is getting funding of US$600m from Germany's KFW! Hopefully Tony can do something similar if not better while he is in Europe!
(20min delay)