KOR 0.00% 0.8¢ korab resources limited

Ann: Bobrikovo 3.3Moz Au and 16.3Moz Ag project update, page-13

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  1. 565 Posts.
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    This NR contains material information on the Bobrikovo project, it is not "designed to take peoples eye off the ball". Thanks to this NR shareholders know that Korab still retains ownership over a 3.3m oz gold deposit that has potential for about 10m to 15m oz gold.

    This is relevant because Ukraine has a new president and a new parliament that is working towards peace and economic revival of the rebel held areas. President Zelensky wants to achieve peace in six months and is willing to take drastic measures to achieve it. France and Germany want peace in Ukraine for humanitarian economic and geopolitical reasons. Russia has also expressed an interest in peace, and has agreed to restart the Normandy Four peace talks, which have not been held since October 2016. A new round of Normandy Four talks could start in October of this year, which would be a step in the right direction for peace.

    In case peace is achieved the Bobrikovo project would be worth considerably more than it currently is, in part because the projected capex and opex are extremely low and because in times of peace it will be easy to expand the current resource.

    I recommend you contact the company and ask about progress on Batchelor. Would take away a lot of speculation on your part. It is not useful to listen to people who assume and infer a lot and don't do any serious DD. Maybe you can learn why Poles go on vacation during Australian winter in the June-August period, etc. etc.

    https://www.unian.info/politics/10689531-zelensky-seeking-to-achieve-progress-in-ending-war-in-donbas-within-six-months-fm-prystaiko.html
 
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