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.

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King River Resources Ltd > Nice try buy out?

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Comment by Rainman01on Mar 07, 2024 2:10am

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Post# 35919704

RE:Nice try buy out?

1 billion would be 5.71 a share. That would be a nice start for trading tomorrow. That tells us we are worth that much or better yet 6 dollar KRR tomorrow morning. We have 82 million plus and 40 million on paper for Dumont. We would need to see 3 billion and they don't have that much cash. Fair market value for share holders would be 16 dollars. This deal will get voted down and boost share price and the shorts will have to pay up.

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