Koryx Copper Inc V.KRY

Alternate Symbol(s): KRYXF

Metals & Mining Copper

Koryx Copper Inc. is a Canadian copper development company focused on advancing the 100% owned, PEA-stage Haib Copper Project in Namibia whilst also building a portfolio of copper exploration licenses in Zambia. Haib is a large and advanced copper/molybdenum porphyry deposit in southern Namibia. The Haib Copper project, Exploration and Prospecting License 3140, is held by Haib Minerals (PTY) Ltd, a Namibian corporation fully held by the Company. It holds the option to acquire up to 80% of three large scale exploration licenses in the copper belt in Zambia. The licenses include Luanshya West project (LEL 23247), Chililabombwe project (LEL 23247), and Mpongwe project (LEL 23248). The licenses cover about 752 square kilometers in the Central African Copper belt. LEL 23247 is situated in the center of the Zambian Copper belt, which forms part of the Central African Copper belt. The three licenses sits on the same side of the Copperbelt, which hosts nine large copper mines.

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Koryx Copper Inc

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Post by Yepnewpapyon Jan 05, 2024 3:34pm

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Post# 35813022

Question for KRY friend

How do you finance the production startup with a 4 cents stock

Link to update PFS
https://koryxcopper.com/wp-content/uploads/2023/09/J5459-P-RP-001-Rev1-Haib-PEA-Update-OPTI.pdf
From page 150 to 155 required funding is calculated using different scenarios
$$$$ goes from 195 millions to 399 millions
Most probable scenario call for 341 millions $ US

Conclusion: very difficult / impossible
GLTY

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