KOR 0.00% 0.7¢ korab resources limited

"requires addressing issues relating to potential future...

  1. 127 Posts.
    lightbulb Created with Sketch. 110
    "requires addressing issues relating to potential future expansion of the project and its related logistics and infrastructure."

    Imagine making a submission to build a new apron at Darwin Airport and the myriad of future expansion and environmental issues clouding that. There is no requirement to seek approval to develop every option depicted on the future property reservation plan. And yes it is not under NT jurisdiction and no it isn't a mine but the principles applied are far more rigorous than those applied to a quarry operation of this size. The airport submission would comply with the requirements of three levels of government planning and will only seek approval for the apron with a flag that acknowledges a need for a further submissions seeking consideration of any future airport expansion.

    The perceived roadblock around future options could be resolved in a two minute meeting or phone call with the desk officer in the NT Department. Investors need to ask why it hasnt been and why we still await this basic administration to be completed.
 
watchlist Created with Sketch. Add KOR (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $2.569M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 377256 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 200000 1
View Market Depth
Last trade - 16.12pm 12/07/2024 (20 minute delay) ?
KOR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.