Australia's largest stock trading and investment forum Australia's #1 stock forum

KRR

Click for more information

0.00%

1.2¢ king river resources limited

Yes Krr has every chance to gain funding. And i do understand...

First 144 Last

Share
Profile

Follow
knotnauti

1,030 Posts.

195

18/12/18

16:09

Post #: 36895901
Share

Yes

Originally posted by Yak52: ↑

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.

Expand

Krr has every chance to gain funding. And i do understand your point.
But to comparecit to the Wodgina project is neither here nor there.
MRL is already a $3.5b company.
Wodgina has produced over $400m worth of DSO and is spending atleast $800m on its own to build the project Infrastructure, and thats before ALB became involved. And MRL could've continued without a partner.

KRR Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

There are more pages in this discussion • 11 more messages in this thread...

First 144 Last

Add KRR (ASX) to my watchlist

(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $13.75M

Open	High	Low	Value	Volume
1.1¢	1.3¢	1.1¢	$50.58K	4.555M

Buyers (Bids)

No.	Vol.	Price($)
4	479656	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	8224	1

View Market Depth

No.	Vol.	Price($)
22	6200311	0.009
8	28480304	0.008
5	5799516	0.007
6	5100808	0.006
12	8038888	0.005

Price($)	Vol.	No.
0.010	1100000	2
0.011	2390000	4
0.012	1242985	7
0.013	1846567	8
0.014	972413	7

Last trade - 16.10pm 26/11/2024 (20 minute delay)

KRR (ASX) Chart