I suppose we will get our quarterly update tomorrow. Looking...

I suppose we will get our quarterly update tomorrow. Looking forward to it
@aberfan Ropczyce is a decent sized company, has a MC of about $200m Polish Zloty which is a MC of $80m AUD, revenues of $128.65m AUD, and net income of $7.35m AUD. It is important to understand that the refractory market is relatively small: the biggest Western player is RHI Magnesita which has a MC of $3.7b AUD. So Korab's deal with Ropczyce is not insignificant. 
In spite of the fact that this sector is relatively small compared to the mining sector or basically any other sector, I still believe Korab could end up with a profit of $100m AUD to $200m AUD in the coming five years or so. Reasons for this:
1. Chinese have reduced output by 25% in mining and processing. I have read that industry insiders believe this may be a permanent decline in capacity.
2. This has driven up prices significantly (Dead burned magnesium is up 440% in the last two years; magnesite has doubled).
3. Korab is the only company that is able to provide a significant amount of magnesia that can fill up the gap left by the Chinese (source: Imformed presentations).
4. I expect management will lock processors and consumers into long term contracts, as they did with Ropczyce.

https://markets.ft.com/data/equities/tearsheet/profile?s=RPC:WSE
https://finance.yahoo.com/quote/RHIM.L/