KOR 0.00% 0.8¢ korab resources limited

JORC 3m oz Gold + 16m oz Silver for $5m cap, page-62

  1. 742 Posts.
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    Yes Mac, I agree, Ukraine looks very doubtful at present of peaceful steady environment. Latest news I could find was continuous infringements of ceasefire agreement. at least 500,000 new Donestk Republic passports given out recently....so that these citizens can then also qualify as Russians, not Ukrainian.
    I would assume that some sort of peace will eventually come about, but how the Bobrikovo mine will be affected in the next few years is difficult to see. The gold, etc will still stay in the ground as an asset, but may be a long time to realise it's value to KOR shareholders.

    Meanwhile, Australian deposits, esp Magnesium, needs to progress ASP.

    Have to wait this one out.

 
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