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Karora Resources Inc T.KRR

Alternate Symbol(s):  KRRGF

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.


TSX:KRR - Post by User

Post by Farquaron Jul 26, 2021 9:25am
240 Views
Post# 33603612

Nickel at $19,267.00 US/tonne

Nickel at $19,267.00 US/tonne Krr has 16,000 tons of nickel.. They probably have 30,000 to 50,000 tons.. Krr is going to use BHP's mill to run their nickel ore through.. BHP just signed a partnership deal to provide TESLA with all the nickel they can handle. BHP certainly welcomes all the nickel that Karora and other companies can supply them with.. Krr has 16,000 tonnes right now x 19,267.00 $US/ tonne , we are talking about 387 million $cdn gross revenue minus all the costs associated with getting it out of the ground , tolling fees etc.etc....It boggles the mind that the market is seemingly giving ZERO value to Krr's nickel deposit.. Like I said before, Krr should maximize their nickel production at beta hunt all the while feeding the mill with non-beta hunt gold ore. So by doing so, they can get full gold production and maximum nickel production. I don't know what the maximum nickel production could be as they can probably run only so much nickel ore through the BHP mill but they should certainly push as much nickel production that they can , to supplement their gold production ...
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