Kincora’s Mongolia divestment could fund NSW focus

Following an externally-led review of its Mongolian assets, Kincora Copper (ASX:KCC) has received an ‘attractive’ offer with a non-refundable deposit for its Southern Gobi Belt portfolio. As the company irons out the details of the deal, President and CEO Sam Spring says the move complements the consolidation of Kincora’s New South Wales assets and may be the catalyst to finalise conversations with potential asset-level partners.

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