SP Trading Views, page-97

If you use ONLY the ASX announcements as a basis for your investing and Due diligence then you are already in trouble. 

The INFO you have and are using is old as there has been adequate NEW information by both the CEO at the AGM and the ASX announcements on 18/01/2019 Heated Vat Leach and 19/12/2018 Sulphuric Leach Project Focus.

The info contained within both of these ASX announcements supports a "PROBABLE CAPEX of aprox $700 MIL".

That's right, read the announcements for the info contained and what does it tell you?  Test results successfully show a grinding of 10 microns is NOT REQUIRED or OPTIMAL.   5mm - 3mm is SUCCESSFUL.   OVER half the grinding circuit is NOT REQUIRED ANYMORE.
5mm ROM material is now been given the final testing phase.
 
TB spoke at the AGM and stated that the CAPEX was way over budgeted and the reasons why. And this SS was based on the old method of processing which is not going to be used anymore! 

IF you need it written in absolute clarity then wait for the new Vanadium SS to come out in March and then you will see a lower Capex! But the smart money already knows this outcome as its already been announced. 

PS. Retail Investors are not "the market".   Do you see the big banks [HSBC,CITI,JP MORGAN] selling off their positions?
Read my post of the 14 Feb 2019 regarding TB and the skin he has in KRR. Think about it.
Also pay attention to the last sentence I wrote.

Yak52