an idea, purely mine, as in I have no proof as in just a wild guess
KRR will be split into two companies shortly
my idea is coming from being a holder of ALK that split away their non core business now called ASM
which has proven grossly successful
and I am following that model into KRR
the HPA is non core business of the potential gold miner
and this new cheaper process of producing HPA to the 4N level/class in the future Perth processing plant
with all its advantages will be split away from the parent KRR, shortly
and the gold can go on digging and playing around (in my thinking)
while the HPA races ahead
now as the company have producted in the lab the 4N
then surely work must be under way to produce 5N also
now some would be thinking
why flood the market and reduce the price/dollat value of 5N or even 4N
now if the company has discovered a cheaper process in time and methods to produce both levels/classes
and can be produced/processed in an industrail area in a city
then the company would be a market controller
rather like diamond miners in SA
couple this with a huge growing demand
and the not so well hidden ugly factor China
then the idea of a seperate HPA business, as an income producer with the parent company the major share holder
then to me, it makes a great idea, plan
just like the ALK/ASM model
AND increases the value of KRR
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KRR
king river resources limited
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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 |