Korab Resources updates its profit target June 15, 2009
Posted by Fortbridge in Mining.Tags: geolsec phosphate, korab rasources, profit target update
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Korab Resources’ (ASX: KOR) wholly owned subsidiary, Geolsec Phosphate Operation Pty Ltd, is aiming to commence production in 2010 with a targeted first year output of 10,000 tonnes p.a. to generate a projected pre-tax gross profit of around $3 million.
