KRR 0.00% 1.2¢ king river resources limited

King River Resources General., page-138

  1. 332 Posts.
    lightbulb Created with Sketch. 98
    Knotnauti…...the comparison basis was regarding it is possible to get funding for 1-2 Billion. Another mine up in NT is doing a capex of 1.2 Billion also.
    This shows even with the over inflated value for ours we can still get up and running.
    Kills off the downrampers who said ...impossible , never , dreamland etc etc.

    Also the method of the deal was very interesting.
    cash, construction of plant by whom, only certain mineral leaving others not included, who does what etc. The nuts & bolts of the deal was interesting. Could see us potentially going down this road/method also.
    We also have different minerals etc to consider.

    As far as Wodgina goes itself..... not up to date to say she is bigger/more important/more valuable. [not what I was comparing us to anyway]

    ps.I do know V is going to outlast and out perform L by a long way.
 
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