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 > Can anyone explain?

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Comment by 5oceanson Apr 11, 2024 9:06am

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Post# 35982949

RE:RE:RE:Can anyone explain?

It is going to be voted in yet. That said, IMO that is a pro-forma because the big guys were brought to speed and most already agreed to lock in their votes together with the boards. So, the packge as presented to all has been detailed by the big interests. Usually, big money gets in the formation and development of these plays much earlier and with perks, before retail; When the company wants to sell out, merge or buy in a big way, they consult each other and come up with what has been presented to the rest of the share holders. In this case, like many others, the package has to be very convincigly sold to the ones that didn't see it evolve because ... ... ???? In the end, it does not matter, they already have the votes to make it happen. JUST ME.

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