Hi,
Looks good CR on the way..for the long holders.
Kibaran Resources (ASX: KNL) is focused on graphite and nickel projects located in Tanzania.
Kibaran Resources (ASX: KNL) is preparing an announcement on a proposed capital raising and has gone into an ASX trading halt.
The company had earlier this week reported that reverse circulation drilling at its Mahenge Graphite Project in Tanzania had intersected 218 metres of new graphite mineralisation in one hole.
This underpinned increased confidence in the continuity of mineralisation at the project.
The halt will last until the earlier of an announcement to the market, or the opening of trade on Tuesday 18th September.
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