Gold is safe haven and hopefully Mt Remarkable can deliver. The recent new application of 3 large exploration licences (measuring over 1,500 square kilometres) around Mt Remarkable is indicative of the potential and may infer that the Management is confident of a successful strike on gold.
With the cash inflow (max 18m) by June, Management will have the flexibility to develop/explore its assets further.
Post the SS announcement, timing may be opportune to discuss with potential off-takers on sale of vanadium and titanium. Given the strong demand for Vanadium and KRC's stable financial position, the management may get a good deal.
To enhance shareholders value in future, I hope other assets are spin-off to separate entities and shareholders are given specie distribution of shares. Tawana Resources just announced spinoff of its Cowan lithium project.
Truly exciting times ahead. I am confident of the Management's ability to deliver for KRC shareholders.
DYOR.
Gold is safe haven and hopefully Mt Remarkable can deliver. The...
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