KRC - stunning capital cost.. I expected high capital costs but that has floored me. I was expecting more like $800m. $1b max.. < $2.5b. My gut wrenched with that - even though I don't have a $ in KRC - I feel sorry for all shareholders in KRC.
But - for us its all good. TMT - high grade, large resource with simple processing route and low capex / opex. Its not all based on size as some would imagine.
Will be interesting to see if any flow on effects to TMT / AVL. Will we see Vanadium bulls money flow this way? or will KRC cast a shadow on V juniors?
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