KOR 0.00% 0.8¢ korab resources limited

Ann: Full Year Statutory Accounts - Unaudited, page-29

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  1. 180 Posts.
    lightbulb Created with Sketch. 24
    A recent tweet from polymetallica indicates they have a uranium drilling program scheduled.
    Korab owns the project and rights to 10% of uranium within the project.
    My understanding is that KOR has provided a loan to Polymetallica currently worth around $1.1M with a 8.5% interest rate.
    Uranium prices heading in the right direction in recent months.
    https://hotcopper.com.au/data/attachments/3670/3670758-ebde16ef72bb351a5c594c29b03fc05c.jpg

    https://hotcopper.com.au/data/attachments/3670/3670768-cae72c221cbba050fc62fb2b5ea9905e.jpg
 
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