Highly doubt they can go broke when they are nearly cash-backed at current levels. Not to mention the realisable value of selling the gold project ($20m)
If kor sell down all their assets and close shop, the share price equivalent would be roughly 25 cents after all expenses.
Do your research as always, but the projects speak for themselves, you also should not discount the fact that management continue to hold a substantial share in KOR and they are NOT selling.
cheers,
undervalued, page-5
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