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News: Kibaran Resources - Update at 121 Mining Investment, page-17

  1. shumbi
    1,256 Posts.
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    12/02/15
    06:22
    Post #: 14739984
    Remember the company gets $800k from options (KNLO) conversion in August (presuming we're over 20c).

    I expect any capital raising will happen closer to April though where a cornerstone investor might be attracted to participate combined with on-market purchases.

    It would be disappointing if the coming major developments only resulted in a return to 30c considering we were there a few months ago before ThyssenKrupp but that's the market.
    KNL Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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