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.

OTCPK:KRCLF - Post by User

King River Resources Ltd > Great move up today.

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Comment by mjh9413on Jul 12, 2024 8:43pm

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Post# 36131190

RE:RE:Great move up today.

I certainly hope to see this happen. At the ASX price today the equiv is, I believe, ~$6.96 excluding the spinco completely. So it's like buying Westgold and there is no reason, bar execution risk, why Westgold should not gain in sp after amalgamating KRR's assets, even with only a part of the synergies being realised, and regaining the higher historical margins on the future AISC.

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