Money Made..............no T/O would happen at the current position of KRR as it has not been de-risked or proven yet. The processing and recovery of minerals suitable for market offtakes would be needed first.
This is why TB is pushing to get the test results the best that is possible for the processing. The S/S and PFS are necessary to help prove the financial viability of the project and de-risk it.
Whether we go a T/O or do finance and build the mine ourselfs and continue yet to be seen but both possibilities require the aforementioned goals to be reached successfully. The test results are sufficient and better test results will only help more. The S/S and PFS are just requirements [time consuming] for the business world [and market] so they can make informed decisions.
There is no need for a JV. There is plenty of funding available for this project.
The mining environment is changing and we are well placed for it in the future.
Yak52
Vanadium industry market news, page-28
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Mkt cap ! $13.75M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 108933 | 1.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 765994 | 2 |
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| Last trade - 15.58pm 29/11/2024 (20 minute delay) ? |
| KRR (ASX) Chart |
