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Where are the updates??, page-2

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Cumberland16

1,942 Posts.

209

08/04/22

12:26

Post #: 60739212
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Originally posted by Rolexgreen: ↑

Where are the progress reports or updates to s/h...

Case in point:29 Oct KOR Qrtly: "RC and diamond core drilling campaign aimed at aggressive resource expansion at KorabGroup’s Winchester magnesium deposit fast-tracked as a result of the oversubscribed capitalraising completed following the end of the quarter."

Over 5 months since that annct. And no annct since about when drilling will commence. Have they got a contractor etc etc? Drill program? Not to mention the MMP, that has been years since it was first announced.

The Magnesium Scoping Study annct, all well and good but KOR is along way from that with a CAPEX of $400M when it has a market cap of just $15M given its current resource.

Regular updates for s/h on when drilling will start or a date range on the MMP completion would be a start.

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Good luck with that update. It is always the same information just changed around depending on what in fashion ie Uranium, Mag, Gold, whatever!!

KOR Price at posting: 4.3¢ Sentiment: None Disclosure: Held
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