* have recently posted a number of positive reports on KNL reflecting the impressive progress and potential. For anyone who has not seen the report, IMO this one on the USA & Canada Website is worth a quick read to reiterate the current position.
http://www.*.com/companies/news/625...o-graphite-on-production-fast-lane-62560.html
Summing up with a final analysis:-
Based on the US$1,446/t of graphite concentrate basket price used in the BFS and Life-of-mine project FOB cash operating costs forecast to be US$570/t concentrate, Kibaran Resources
is poised to enjoy significant operating margins and profit at Epanko.
In addition, the projected annual EBITDA of US$33.6 million (A$45.7 million) and off take agreements
will drive project funding offers for Kibaran.
The current market cap of $34M is perhaps the lowest capitalisation in its listed peer group.
There are still plenty of price catalysts ahead.
Share price catalysts
-Securing debt financing for Epanko;
- Commence Epanko construction;
- Finalise offtake;
- Secure strategic partners to develop graphite projects;
- Progress Merelani East Graphite Project; and
- Advance study into battery grade graphite.
Nice to see that the USA and Canada are also learning about Kibaran.
