very disappointing SP response, page-29

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Bluejacket281

1,275 Posts.

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24/07/18

19:53

Post #: 34543552
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Originally posted by Therookie88 ↑

mate I would never wish on anyone to lose money or a stock to fail, I was merely getting my point accross that it's early days and the reason the SP response was dissapointing is there is still a lot more info that needs to be known before we know the value of this announcement! this annoucement alone means nothing until you have some sort of financial model and know the costs Involved... being skeptical and conservatIve is a good way to not lose money in these markets, if we just read every post with the most thumbs up we would lose our money pretty quick if KRC can release a study that will show its capex to be low for a vanadium deposit (<400 million US) and show its opex to be at the bottom of the cost curve i will back KRC! just look at TNG they "claim" that TIVAN will make them the lowest cost producer of vanadium globally yet the capex is 850 million and the market value It less then KRC! this is the problem with large capex! noones prepared to back it no matter how good the numbers look and i encourage people to look at there DFS and see what i mean.... there is huge upside potential here currently the risk is high without having any financials there's no way u can dispute that! if the capex is low this thing will fly if it's high it's just another TNG (but one that's a few years behind)

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dont we already have a pretty good idea of capex requirements though for KRC via the previous feasiability study they did back in 2012?

KRC Price at posting: 9.8¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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