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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

Comment by Roots7on Mar 11, 2024 8:44pm
147 Views
Post# 35927585

RE:Deception

RE:Deception On march 8 "response to speculation" it's pretty obvious that RMS' statement is that the speculation of a transation between 700$-1000$A doesn't make sense, we need to reed between the lines when they refer to KRR market cap being at 841C:

The Company refers to the press speculation of a potential transaction value of between

A$700 million to A$1 billion. Discussions concerning valuation are ongoing and no final agreement has been reached in this regard. The Company notes Karora's market capitalisation of approximately C$841m1.

Discussions between the parties, including in relation to value, remain incomplete. 

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