IPO's aside, and details of the rare earths aside (which will be forthcoming, no doubt), this really is good news, and the market is responding. A day in the sun for Korab.
This could also be good for the IPO's: if Korab gets a reputation for delivering the goods, then we get hat reputation for the new spin-offs. just because they're gold spin-offs, doesn't mean they would necessarily rise to the moon- check out NCM's SP today- even it can't rise to the expectaton of a new gold record.
Ann: Rare earths discovered at Rum Jungle , page-10
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