SP is down sharply over past 3 sessions. If the management is aware of any material adverse news, it is their responsibility to make an immediate announcement to ASX. However, I doubt this is the case. Notwithstanding, ASX should pose a query to KRC.
The CS and SS are in progress and these studies will take time to finalise, hopefully be ready by end of September. Shareholders should be patient.
Commodity sector is taking a hit lately and Vanadium Mining companies at ASX are not spared. This is likely influenced by external events and traders are reducing their exposure.
If you are comfortable with KRC’s potential, one should look beyond current price weakness and to focus on long term. Adding one’s position may be sensible given the sharp SP retracement.
This is not an investment advice. As usual, DYOR.
SP is down sharply over past 3 sessions. If the management is...
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