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Bullboard - Stock Discussion Forum
Karora Resources Inc
T.KRR
Alternate Symbol(s):
KRRGF
Metals & Mining
Gold
Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company’s portfolio includes the Beta Hunt Underground Mine, Higginsville Gold Operations and Lakewood Mill. It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south...
of the Beta Hunt Mine in Higginsville, Western Australia. HGO has a mineral gold resource and reserve and prospective land package totaling approximately 1,900 square kilometers. The operation includes a 1.6 million tons per annum (Mtpa) processing plant, 192 mining tenements, including the Aquarius, Hidden Secret, Mousehollow, Two Boys, Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge and Mount Henry deposits. The Lakewood Gold Mill is located just outside Kalgoorlie, Western Australia and approximately 60 kilometers from the Beta Hunt Mine, has a processing capacity of 1.0 Mtpa.
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Bullboard (TSX:KRR)
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(309)
•••
MaterialsMan
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Post by
MaterialsMan
on Mar 07, 2024 2:14pm
Is this the wild west or what
News was out Wed. night our time. Trading in RMS was halted until probably Monday A.M. which is Sunday evening in Australia time. In the meantime, trading in KRR is being allowed to continue. I find
...more
(26)
•••
atchouk
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Comment by
atchouk
on Mar 07, 2024 12:38pm
RE:Take-over price - possibly a mute topic at this point.
If I understood correctly, KRR received a takeover offer of 1 billion dollars. The question is: which dollars? If Australian, it means 5 CAD per share. If USD, it means 7.5 CAD per share. Currently
...more
(157)
•••
cleareye
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Post by
cleareye
on Mar 07, 2024 12:24pm
Take-over price - possibly a mute topic at this point.
I could see an $8 Canadian price for a take-over target, as a starting point. However, the whole topic is mute for now. The whole issue may blow over by Monday. It's possible that it was a rumour
...more
(26)
•••
atchouk
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Comment by
atchouk
on Mar 07, 2024 12:22pm
RE:RE:RE:RE:RE:Ramelius sound determined, krr.to to C$8.00?
If Ramelius offers 1B Australian dollars to buy KRR, it is 5.66 Australin dollars per share. 1,000,000,000 AUD : 176 480 000 shares = 5.66 AUD 5.66 AUD = 5 CAD
(13)
•••
fakmiz
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Comment by
fakmiz
on Mar 07, 2024 11:54am
RE:RE:RE:RE:Ramelius sound determined, krr.to to C$8.00?
Wrong: $8 Australian, at todays conversion rate works out to $ 7.14 Canadian.
(1)
•••
Overthehill1979
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Comment by
Overthehill1979
on Mar 07, 2024 11:34am
RE:RE:RE:KRR real monetary value
Krr,yes April 2023 was $7.50 it was true that many excellent reports were issued however it was also right that after each excellent report was issued the price always went down instead of rising who
...more
(190)
•••
Rainman01
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Comment by
Rainman01
on Mar 07, 2024 11:27am
RE:RE:RE:KRR real monetary value
No you are not missing anything. 7.50 all time high and then the stock corrected but that's when the short sellers come in. They make money shorting the stock and regular little guys like us are
...more
(7)
•••
Eagle720
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Comment by
Eagle720
on Mar 07, 2024 11:04am
RE:RE:KRR real monetary value
KRR was trading at $7.50 Canadian in April of 2022. Since then management has continually updated us with positive nickel, lithium and most importantly many gold developments. With gold hitting all
...more
(26)
•••
atchouk
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Comment by
atchouk
on Mar 07, 2024 11:01am
RE:RE:RE:Ramelius sound determined, krr.to to C$8.00?
If dollars are Australian, it translates into about 5CAD per share...
(190)
•••
Rainman01
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Comment by
Rainman01
on Mar 07, 2024 10:11am
RE:Tsx stops trading
Maybe not my mistake.
(190)
•••
Rainman01
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Post by
Rainman01
on Mar 07, 2024 10:05am
Tsx stops trading
Looking like we are shut down for trading today. Can't wait to see tomorrow.
(160)
•••
Odinson
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Post by
Odinson
on Mar 07, 2024 10:04am
Well ...
Now we know who and why it was being he3ld down! This play is worth at least $12.00 on the low end!!!
(157)
•••
cleareye
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Comment by
cleareye
on Mar 07, 2024 10:00am
RE:RE:Ramelius sound determined, krr.to to C$8.00?
I see what you mean. Let's assume Australian dollars until proven otherwise. Sorry about that. I have grown used to look at international deals as in USD, but there was some question in my mind.
...more
(13)
•••
schmidilein2713
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Comment by
schmidilein2713
on Mar 07, 2024 9:54am
RE:Ramelius sound determined, krr.to to C$8.00?
the article was in Australia and all figures have been in AUS$. How do you get to US$??
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