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Korab threatens legal action against HotCopper

Korab Resources boss Andrej Karpinski has threatened legal action against online stock market discussion site HotCopper over a report sent to the forum’s members.

HotCopper managing director Gred D’Arcy said today he had received warning from Korab’s lawyers regarding possible legal action in WA’s Supreme Court over the report, which detailed legal action being taken by Mr Karpinski against Korab shareholders.

Mr Karpinski is seeking damages for defamation he claims he suffered as a result of criticism posted on HotCopper.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/06/17

1 year TSR5 year TSR
110thEuropean Metals87%0%
390thCentaurus Metals2%-56%
552ndKorab Resources-25%-26%
580thGreat Western Exploration-31%-42%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

04/05/17
$3k Issued
04/05/17
$394k Issued
04/05/17
$2k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

206th↑Korab Resources$221k
233rd↓Centaurus Metals$142k
234th↑European Metals$140k
236th↑Great Western Exploration$137k
237th↑Western Mining Network$136k
492 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Korab Resources

448thAndrej K Karpinski$327k
1672ndRodney Skeet$26k
717thDan Smetana$19k
Ranked by total remuneration from all listed WA companies

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