KRR 0.00% 1.3¢ king river resources limited

Ann: Heated vat leach of run-of-mine material, page-52

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  1. 11,367 Posts.
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    and now to expand my
    you must hold KRC in your super or for your income stream in the future
    or as a nice gift to give your kids and their future ..........
    (and of course the capital gain factor)

    this is just a guess
    if your holding was say, 1 million KRR heads
    and a Dividend was decided upon at just 5 cents
    this would produce a nice $50k income
    or 10 cents or

    then with todays S/P of only 3.9 cents
    you would be returning ....... yes it is real
    100 % or there abouts
    on your capital outlay each and every year
    (to me, it beats money in the Bank at 2.5% )

    some will be thinking
    he's been in the sun, he lost the plot

    but
    if KRR can pay down start-up debt,
    the debt being far smaller that first thought, because of the ASX Rules
    lets stop right there
    and now you
    look at the possible minerals sold and the potential income stream

    maybe you will think like myself
    but then again you may not

    people, long term holding of stock is very rewarding $
    but that's my thinking
    and it could be very wrong
 
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