KRR 7.69% 1.2¢ king river resources limited

Yes a masterstroke by Mr Barton and KRR to call it on IRESS...

  1. 891 Posts.
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    Yes a masterstroke by Mr Barton and KRR to call it on IRESS "Specialty metals project PFS update" A much better announcement than that of November last year. A much lower CAPEX down 62% from previous CAPEX.
    To have a project costing $751 Million to $1.1 Billion (+ or - 20%) for a three commodity project (V2O5, TiO2 and Fe2O3) it is extremely good.

    Burning 60tph sulphur prill generates 48MW of power. (Megawatt: One megawatt equals one million watts, or 1,000 kilowatts, roughly enough electricity for the instantaneous demand of 750 homes at once.) https://www.energy.ca.gov/glossary/ISO_GLOSSARY.PDF
    Looking forward to Q3 for the PFS and further updates. The market has taken notice as the SP is up 4 pips already.
    Great work by KRR and Como Engineers.

    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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