Price has been creeping up over the past few weeks and looks to be attempting to break out over the medium-term downtrend resistance line. This downtrend/resistance line has been intact since KRR's March high.
Volume is far from overwhelming so price may continue to base as it has been since Sept. A break above the 4.1-4.5c range on volume would bring into play the 5.3c gap rather quickly (gaps not shown when using HA candles).
From an FA standpoint there seems to be some consensus that an acid leach update is 1-2 weeks away. I am unsure whether this is a reliable estimate. We can however safely assume that the next quarterly should be announced at by end of month.
KRR Chart, page-14
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $13.75M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $51.72K | 4.296M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 630000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1876614 | 5 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| KRR (ASX) Chart |
