In this instance @mvc KRC want a JV that is also a backer but to help spread the costs and to help make KRC a big player in the future and attract a higher valued SP and MC. For a current small cap mining company, I think the capex costs are too much for KRC to take on (as already has been mentioned numerous times). Refer to @thaiinvest posts.
Study Accuracies, page-47
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Last
1.0¢ |
Change
0.001(5.56%) |
Mkt cap ! $14.51M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $1.397K | 149.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 5690977 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1473493 | 7 |
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| KRR (ASX) Chart |