Prediction for the week, page-99

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11/10/18

03:45

Post #: 36076771
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Originally posted by AussieBryan ↑

@Money made & @voncee I would say the delays are due to the ASIC being better funded now since the banking royal commission and have tightened their grip on what can be disclosed within a scoping study and prefer that there are no production forecasts or economic analysis.
KRC would be under the spotlight due to their high turnover and past volatility. Refer to announcement response to ASX Price and Volume Query 6 September 2018: https://drive.google.com/file/d/12MT8P0AiyClk_WgNV_1H7uhXyVPZSPSr/view?usp=sharing

Holders will have to wait until a PFS is released for the metallurgy, process, plant Capex/Opex costs, plant associated infrastructure, pit optimisation, mine design and scheduling, and economic analysis to be addressed. KRC would be under the spotlight due to their high turnover and past volatility. The company cannot complete a PFS until they have decided on the best route to undertake.

@voncee I agree with you in regards to it not being easy watching the SP drop like it has. Also agree with people moving money out of the company to chase the dollar elsewhere. Everyone has a different trading plan and yes I and everyone else could have made/lost money buying/selling other shares, but I am in for the long term. It also gets pretty stressful buying/selling frequently, where as now I am relaxed and waiting. (Well OK I get frustrated sometimes, I wont lie)

The announcement for the scoping study will disclose as much as their CSA advisors can give and the regulators will allow to be signed off on.
Monday and Tuesday was a bloodbath for the markets and the majority of shares were effected.
https://www.copyright link/markets/...they-wipe-425-billion-off-asx-20181009-h16er5

I managed to have someone transcribe the Bulls & Bears interview with Tony Barton in case anyone was interested.
Bulls and bears interview January 2018 video

Word document transcribe of video
https://docs.google.com/document/d/1WmvdEG7Ns71eMt0Gz_TsX4e7QtdKr_0ikIJknaPwNtE/edit?usp=sharing

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.

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❖ Vanadium Scoping Study anticipated end of September.....long overdue, but can't wait!!!

- Vanadium price surging again and it's in a L/term uptrend

- Addition of 0.2% Vanadium increases steel strength up to 100% and reduces weight up to 30%

Bottom line is......KRC is a STRONG BUY!!!

KRC Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
17 Upvote

8 Great analysis

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