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14.3% 0.8¢ korab resources limited

AUDUSD broke through 0.7. Staying below 0.7 improves the...

  1. Lemand
    565 Posts.
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    07/05/19
    07:50
    Post #: 38438432
    AUDUSD broke through 0.7. Staying below 0.7 improves the economics of the project significantly as the FS was done with 0.8. Given that the Australian housing market is in a slow motion crash and the US dollar is gaining strength I don't expect us to get back to 0.8 any time soon. I see it moving down to 0.6 sooner than later.
    https://www.tradingview.com/symbols/AUDUSD/
    https://www.asx.com.au/asxpdf/20180912/pdf/43y7x5gf6pkc3r.pdf

    Environmental checks are not over. Magnesium market remains tight.
    https://www.indmin.com/Article/3871724/Magnesia-LatestNews/Henan-industries-under-further-environmental-checks.html
    KOR Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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0.8¢ 		Change
0.001(14.3%) 		Mkt cap ! $2.936M
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0.8¢ 0.8¢ 0.8¢ $1.2K 150K

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1 17827 0.8¢
 

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Price($) Vol. No.
0.9¢ 47896 1
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