King River Resources Ltd T.KRR.W

Primary Symbol: KRCLF

Metals & Mining Industrial Metals & Minerals

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.

OTCPK:KRCLF - Post by User

King River Resources Ltd

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Post by Farquaron Mar 08, 2022 7:15am

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Post# 34493997

LME has halted nickel trading!

I was checking the share price of Mincor nickel, which is the neighbor of Krr... The comy pany trades on the ASX ...The share price actually dropped 8.5% yesterday! The company which is on the verge of commencing production in June has a contract to supply as much as 600,000 tons of nickel ore to BHP's nickel concentrator next to Beta Hunt..Why the heck is it up only 14% ytd? I don't think they have a hedged set price on their nickel sales but maybe they had to agree to sell their nickel at a certain price for them to have received financing from a bank....That's the only explanation I see for it's share price to have gone down 8.5% yesterday...crazy....

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Cannara reports record growth and profitability in Q4 2023