KOR 0.00% 0.8¢ korab resources limited

If you already own shares you'll have a 5 or Disallowed in a...

  1. 565 Posts.
    lightbulb Created with Sketch. 149
    If you already own shares you'll have a 5 or Disallowed in a couple of weeks. If you keep them for a year you'll have a 50 to a 200 bagger. Assuming third party tolling agreements will be signed the projected ebitda is $310m to $350m. Net profits will be between $200 and $230m (30% corporate tax rate + 2.5% mining royalty). If management is able to sign long term contracts of 5 to 10 years with a fixed price at current level then they'll make between $1bn and $2.3bn cash.
 
watchlist Created with Sketch. Add KOR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.