You guys have been talking about a boutique mine since July 2014.
The price back then was 36 cents. So nearly three years have passed and you don't even have the RAP completed. Remember when you guys were picking dates in May 2016 for finance? You all picked dates in June 2016. You weren't even mentioning the required RAP that precedes the finance.
So how much do you guys really know about KNL?
Has anyone asked management how the other mob got the RAP done and paid out so quickly? Quite embarrassing for KNL considering you were all saying how advanced KNL is.
With all these delay, the price for refractory graphite has slumped. If I am a banker, I would not be sinking millions into an operation like this. Not much profit on current graphite prices.
All in my opinion which has been quite accurate.
Kibaran Resources - graphite project Epanko is becoming more and more interesting, page-17
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $38.05K | 325.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 240000 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 32355 | 3 |
View Market Depth
| Last trade - 15.07pm 15/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |