I agree, 500k shares traded is good thought important to take into account that korab has 308.86m shares outstanding which is 0.16%. Mining will occur after it is approved. I recall someone saying that Korab would only have to mine for a couple of months and could ship the stockpiled material for the whole year. Financing will be combined with offtake agreement. Management is not going to dilute the company much more. Financing will be debt or forward sales. Negotiations are taking longer because the process is much more complicated with third party processing instead of DSO and because the proposed production has been increased. Potential clients do not have Korab by the balls. The opposite is much more likely. Magnesium market is tight
KOR Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
