King River Resources Ltd T.KRR.W

Primary Symbol: KRCLF

Metals & Mining Gold

King River Resources Limited is an Australia-based exploration and mining company. The Company operates through two segments: ARC High Purity Alumina (HPA), and Exploration and Evaluation. ARC HPA Project segment develops the ARC HPA process and precursor compound to produce HPA. Exploration and Evaluation segment is engaged in exploration and evaluation activities of its gold projects in Australia. The Company’s projects include Rover East Project, Tennant Creek East Project, Barkly Project, Mt Remarkable Project and Kurundi Project. The Mt Remarkable Project is located 200km southwest of Kununurra in the East Kimberley, Western Australia and covers over 2,100 square kilometers of adjacent and/or nearby granted exploration licenses. The Tennant Creek Project is located to the East, Southeast and South of the rich historic goldfields of Tennant Creek comprising gold-copper exploration leases and applications measuring some 6,000 square kilometers.

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King River Resources Ltd

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Post by materialsgirlon Jan 31, 2022 9:43am

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Post# 34378047

a bit disappointing but they are being ultra conservative

Genuity has resumed coverage.

Two of their numbers

*** 2024 production 185,000 ounces
This is reasonable. At this level we could exit 2024
with ~ 50,000 ounces in Q4 or a pace of ~200,000 per year

** share price target $6.25
This is a bit less than my expectation
Of course everything will depend on the price of gold

mat