KRR 4.17% 1.2¢ king river resources limited

I hope everyone had a wonderful Christmas and the new year will...

  1. 891 Posts.
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    I hope everyone had a wonderful Christmas and the new year will bring us all a great deal of joy.

    With the price of vanadium falling from highs of $33 USD and now down to currently $19.30 USD will help, as from my understanding the V2O5 was getting too expensive to be viable for Vanadium Flow Batteries.
    van.jpg

    Links below.
    https://herostocks.ca/high-vanadium-prices-hinder-the-spread-of-redox-flow-batteries/
    https://seekingalpha.com/article/4225405-vanadium-miners-news-month-november-2018
    https://investingnews.com/daily/res...nvesting/vanadium-investing/vanadium-outlook/

    Banks, mining houses and investors should be shying away from the single commodity (V) players in favour of any large scale diversified commodity producers. At Speewah, KRR are targeting Vanadium, Iron, HPA, Magnesium, Titanium, Fluorspar
    With the 100’s of years potential mine life, lowest possible strip ratio, consistent spread of mineralisation etc, and if they can prove the new leaching route method of sulphuric leaching technology, KRR’s Speewah project may very well appeal where as those others won’t.

    The last short was 27th November 2018 and yes there have been a few questionable trades/manipulation as @Yak52 has already mentioned. If anyone wishes to research about that (Spoofing) have a look here: https://www.smh.com.au/business/mar...g-chicago-futures-market-20181227-p50od3.html

    The FIB had it at 2.8¢, it touched 2.9¢ Friday then bounced back up and if it plays out correctly then hopefully we will see 3.4¢ to 3.6¢ before end of the 2018 year?
    KRR chart 28-12-2018.jpg


    The new year of 2019 will see a healthy correction and we have gold results coming very soon. ( I expected them before Christmas) Dont bank on any of the gold results though having much of an impact on the SP if going by historic data from announcements in regards to gold. Fast forward to March though and the new SS will be released, then June/July the long awaited overdue PFS which I for one am hoping will put a rocket under the SP, rather than the dull sideways to down SP that has been seen for the last few months.

    My comments/posts are based completely on my own experience thoughts and interpretation along with my current financial position at the time.
    Conduct your own due diligence, consult a licensed financial advisor or broker before making any and all investment decisions. As usual all constructive criticism welcomed.Good luck to all that hold.
 
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Last
1.2¢
Change
-0.001(4.17%)
Mkt cap ! $13.75M
Open High Low Value Volume
1.1¢ 1.3¢ 1.1¢ $49.01K 4.424M

Buyers (Bids)

No. Vol. Price($)
5 749233 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 139307 5
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Last trade - 15.11pm 26/11/2024 (20 minute delay) ?
KRR (ASX) Chart
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