Mongolian Assets MonetizedFrom my perspective Kincora Copper, and Sam in particular, worked tirelessly in Mongolia for many years and it seemed like no matter how much the GoM promised they would change and do everything needed to encourage foreign investment, their actual actions were exactly the opposite.
As a shareholder of Kincora I was thrilled when Kincora diversified away from Mongolia. Kind of like slamming your head into a brick wall, it sure felt good when it stopped!
That being said, I was always a believer in the potential of Bronze Fox and that hasn't changed. That was why I invested in KCC! This deal will allow Kincora to focus on the projects in NSW yet at the same time still be able to benefit from any positive developments at Bronze Fox.
Successful drilling continues at Trundle, currently working on Hole 11. Drilling is planned for the Fairholme in the New Year plus the ASX listing in the first quarter of 2021.
Lots to be happy with at Kincora Copper!
I maintain my point of view that the future is bright!!
J.M.O.
Chip