EGR 2.22% 9.2¢ ecograf limited

News: Kibaran Resources on road to capital raising, page-2

  1. 183 Posts.
    lightbulb Created with Sketch. 1
    Well, I wonder what all the drama is about.
    The latest notice - on the KNL website is the incorrectly dated (and still uncorrected statement) Epanko Metallurgical Update.
    There is no reference to a  CR as stated by Proactive as the reason to grant the trading halt.
    And the ASX release states:-
    "The securities of Kibaran Resources Limited (the “Company”) will be placed in Trading
    Halt Session State at the request of theCompany, pending the release of an announcement by the Company.
    Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Friday, 17 April 2015 or when the announcement is released to the market.
    "
    Where is Proactive getting their information and on what basis do Proactive make this statement?
    My thought is that this is simply another amendment - this time for the date correction.
    If it is a CR - so what?
    Could be a great chance to increase one's holding in this little beauty.
    Absolutely no fundamentals have changed for the stock.
    It is a brilliant development with phenomenal potential.
    And one of the best and most cost effective management teams.
    Last edited by kikass: 15/04/15
 
watchlist Created with Sketch. Add EGR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.