KNL (Kibaran Nickel) also in a trading halt regarding a "transaction" and capital raising. They are in Tanzania and Burundi in the rough East/Central Africa area of Erongo. Hopefully if Maniema is another company dud, we have managed to find a sucker buyer. Or more likely KNL is offloading one of it's lemons on Erongo. Excuse my pessimism but this is a long term non performing company, and I don't have much confidence that this trading halt will change that situation.
ERN Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held