I fully expect these guys are about to get b*tch-slapped for the...

I fully expect these guys are about to get b*tch-slapped for the way the report is biased.

If you read it carefully, it does say that this is just the Capex and Opex for processing:

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KRR has engaged Como Engineers in Perth to compile Scoping Study level (±30% accuracy) Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) cost estimates for the Beneficiation, Leach and Metal Recovery Processing Facility and the Acid Contact and Regeneration Plants required for on-site sulphuric acid production

But a normal Capex/Opex announcement that ASX participants read would be expected to cover all or almost all of the costs, so they could make an informed business decision.

This release does not allow that, but rather, implies costs are a lot lower than they actually will be.  Yes, if the detail is drilled down, the exclusions are there, but honestly, IMHO it's a very poor decision by the management to try and throw this into the market.

For outsiders like the ASX, it probably smells like a pump before a dump.

The company is risking becoming chicken little: we got something! we got something! until the day they do have something worth reporting, and no one wants to risk investing....

Not a good look.

DYOR - GLTAH