So right. Sales cures all. The market differentiator for KNL is its capacity for profit because of the BINDING off-take agreements with Sojitz and others.
Check out EUROZ's very bullish and informative Research Note on KNL, released on 01 Nov 16. I particularly like the following:
'Our site visit confirmed there was no obvious impediments to a successful mining development.'
'http://www.kibaranresources.com.au/irm/PDF/1926/EurozResearchNote
Enjoy folks.
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