Summary
I believe Kibaran Resources is in the right place at the right time as far as market interest in a high-quality graphite play with a defined path to production is concerned. The company maintains graphite of the highest quality, which has opened up a lot more potential doors for commerciality than the majority of its peers. Accordingly, the majority of the company’s planned output is now spoken for. Furthermore, Kibaran’s modest market capitalization of just $30m is modest compared to many of its peers. In effect, Kibaran is long on substance and short on hype, which means the stock will remain firmly held within our Portfolio.
Kinda says it all!
KNL Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
