I'd like to add to my previous post RE fluorspar, as I think some are underestimating it's worth to KRC/shareholders.
From KRC ASX Fluorite Resource Conversion to JORC 2012 ann on 23/02/2018
We have 27.2mt of fluorspar
6.7mt of that is high grade (4.1 indicated, 2.6 inferred)
From the same ann "Acid grade fluorspar prices increase recently to USD $480-520 per tonne"
KRC are looking to produce this acid grade fluospar, the SS will determine whether this is possible.
But even if we consider just the high grade resource and that price (in USD), I am seeing a lot of potential here for a company with a current market cap of just 54mil.
I've tried looking for current fluorspar pricing but have only found dribs and drabs. I have seen a number of sources and charts indicating the price is increasing and has been on a long term uptrend since the early 2000s. If anyone has a better information on current price/trends I'd be interested in seeing it.
I am optimistic about the fluorspar SS and the potential for that to make KRC a bit of cash, moreso than the V.
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