Karora Resources Inc (KRRGF)

[Bu33ard]

LOL, I waited... Not much action on this board is there.

Just spent a few hours on the financials and qtrlys of this little gem. It appears to be under valued by a fair amount.

There is the little time bomb of 8.1 mil shares that Eric S. and the ubiquitous "Unnamed Investor" are able to dump in the market on/after Nov. 17th 2020. But, presumably, they have better sense than to do that all in one go. Still, have to pay attention leading up to 11/17/20..

Oddly their agreement with Morgan Stanley on the buy out of the NSR starts on Nov 18th.... equaling $1.26 mil every six months....

Plus another agreement equal to 27.5% on the dif between London spot and $1,340 (AUD) on the first 2500 Troy oz, produced per quarter until 2035....Just a rough estimate using today's price was $412,000 for this quarter. If I understood all that Banker speak.... This could turn into a tidy sum each qtr for the scheisters with AU making a run..

All in all, with the big name interest and presumption of continued success, I'm looking forward to the coming week and a possible entry.