KRR 16.7% 1.5¢ king river resources limited

Naysayers can't seem to understand this exact point as it...

  1. 802 Posts.
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    Naysayers can't seem to understand this exact point as it conflicts with their confirmation biases..


    KRR has already proven that their magnetite concentrate is vastly superior to their peers.


    Also interesting to see that the currently most advanced V deposit in Australia, our low-grade brother TNG, are in halt pending an announcement regarding a financing mandate.


    I have a theory that the volatility in the spot price of V is acting as a hinderance to pure-plays in the V sector. TNG have continued to make strides nevertheless, albeit slowly and as such I believe this puts KRR in a great position moving forward.


    TNG derive 40% of revenues from V whilst KRR are looking at 60% revenue exposure to V which has a significant impact on earnings.


    Interesting that the article states that sulphuric acid or heap leaching technologies are yet to be proven commercially viable, I believe this is only the case for vanadium production. Heap leaching is a proven method for base metals and uranium.

 
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