Argonaut Spec Buy

http://www.argonaut.com/news/latest-research/2176-kibaran-resources-knl-positive-bfs.html


Created on Monday, 27 July 2015 09:30


Kibaran Resources (KNL) released a positive Bankable Feasibility Study (BFS) for the Epanko graphite project in Tanzania. The study supports the case for a scalable 440ktpa plant producing 36ktpa of high quality graphite concentrate. Argonaut believes KNL will be amongst the first of the bidding graphite developers to achieve production having attained a mining licence, major environmental approvals and secured off-take agreements. Epanko is differentiated from most of its peers by exceptional graphite purity with a high distribution of large flake making it attract to a broad range of carbon end uses. Argonaut applies a SPEC BUY recommendation to KNL.

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