@Money made have a look at 10 January 2018 and go backwards from there to see the SP lower than 2.6¢. Going by last SS announcement released in November. KRR went into a trading halt (TH) 29-10-2018 and came out of the (TH) 02-11-2018 with the release of the infamous SS. This one will be much better with a less than $900 million CAPEX I would say.
In regards to this new SS coming out they have 9 days including today to release so they can announce before the end of Q1 of actual business days. It will be interesting to see what they actually put into the SS as you all know the ASX is very strict on what can be said in an SS. Maybe they will word it differently so they can get things through like a back door and call it something else, who knows.
@mauler96 I would say that the company have people interested in them already from the time that Mr Barton traveled to Europe and the Middle East, remember he always said. He wanted to derisk the project as much as possible then look for a JV partner of global scale. To me they are very close to it, with new leeching process, a new plant design, electricity being produced from sulphuric etc.
Once the SS or whatever they wish to call it this time comes out then they can say to interested investors.
Here is the SS, this is what it will cost etc, get on board and get this mine started.View attachment 1483699View attachment 1483701Volume increased from 12-03-2019 to 19-03-2019 while the SP was steady to declining. Investors are waiting on the sidelines and you may get a few trying to push the price down, prior to the SS release.
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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