The title suggests the direction of the conversation for this thread. Lets see if we can keep it on track and not corrupted.
This post is my own personal views on where KRR is going from 2021 into the future. These are my views, ideas only and not representing the company in any way.
They are based on my due diligence and research for over the last 2.5 years as well as discussions with persons within the WA mining industry.
I am also familiar with the Kimberlies having worked there many, many years ago for Kimberly Diamonds.
KRR COMPANY STRUCTURE
Below is a diagram of what I believe is the direction the companies structure will take based on the above mentioned D/D and current events.
I have included a logo of what I think is a good name for the new company which must be formed to engage the business unit of the Kwinana HPA Plant. Maybe Tony will think it suitable and use it as such?
The diagram represents my views on where KRR is heading, with any of the gold companies possibly being proven up and sold there after or brought to commercial reality. These decisions would be made when/if this eventuality actually happened. Mt remarkable I personally feel has great potential to become a mine at some stage.
THE CORE BUSINESS UNIT
Without doubt the (CBU) Core Business Unit of KRR is The HPA Plant at Kwinana south of Perth. This has been relayed to the market and stakeholders through several ASX Announcements in late 2020. This is also going to be the focus of the PFS due out in early 2021.
Work is ongoing with this in mind including discussions on land leases, permitting & enviro aspects towards a future processing plant being located there.
Distracters will comment on the switching between the Kimberlies SSM Project & now the Perth Processing Plant (PPP) trying to bring negitivities into it which is totally false in my opinion .
The Economics of the switch to the PPP is outstanding and will be supported in due course by the PFS soon to be released regarding this Project.
Of course it does not mean the end of the Kimberlies Project but rather a quicker, easier, cheaper (less CAPEX), less OPEX, employee friendly and most importantly a more PROFITABLE business than can be initially setup at the Kimberlies SSM Project. Both Vanadium & HPA could be mined one day when suitable economics are prevailing!
CURRENT STOCKPRICE ACTIVITY
There has been consistent buying between 2.4c and 2.7c since mid November with many continuous efforts by down rampers & doomsday predicters (going down to 1c) failing to drop it below 2.4c for any length of time!
The has recently been the surge in buying again by a unknown buyer sucking up millions of shares when presented to him and it has in the last two days progressed to 2.7c (aprox) and holding despite some heavy sellers. This buyer is very keen to consolidate shares and is now running out of patience and time before the PFS or perhaps a Gold Announcement being released. Thank you to this entity.
Some of us have discussed offline who this mystery buyer is and of the WA names only 3 present possible.
Yak52 .
DYOR.
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king river resources limited
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The title suggests the direction of the conversation for this...
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $23.41M |
Open | High | Low | Value | Volume |
1.4¢ | 1.6¢ | 1.4¢ | $25.77K | 1.719M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 310761 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 721017 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 310761 | 0.014 |
6 | 1763321 | 0.013 |
2 | 1035000 | 0.012 |
2 | 150000 | 0.011 |
4 | 626111 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 721017 | 6 |
0.017 | 1621499 | 4 |
0.018 | 1064645 | 9 |
0.019 | 1195000 | 3 |
0.020 | 4135459 | 5 |
Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
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KRR (ASX) Chart |