KRR 14.3% 1.2¢ king river resources limited

CAPEX reduced to $US676m with low OPEX and high recovery of...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 802 Posts.
    lightbulb Created with Sketch. 476
    CAPEX reduced to $US676m with low OPEX and high recovery of V/TiO2..

    Payback period of 9-12 months (my calculations)? Excellent result if so!

    Given there is optionality when it comes to financing of the acid plant this opens to door for even further reduction in capex.

    So we're possibly looking at a pre-tax project NPV (8%) of US$3b/AUD$4.3b with an MCAP of $31m..

    edit: sentiment changed to buy

    Last edited by Session: 21/03/19
 
watchlist Created with Sketch. Add KRR (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
0.002(14.3%)
Mkt cap ! $13.75M
Open High Low Value Volume
1.1¢ 1.2¢ 1.1¢ $44.75K 4.053M

Buyers (Bids)

No. Vol. Price($)
8 2351171 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 2709950 7
View Market Depth
Last trade - 16.10pm 21/11/2024 (20 minute delay) ?
KRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.