Brokers' Data, page-1329

Funny you should mention $0.23 as your target before big news, that’s the same target price that Baillieu Holst placed on Kibaran in their Company Research Report.



http://knl.live.irmau.com/irm/PDF/2087_0/BaillieuHolstToppingUpTheBankAccount

Most of our shareholders and the broader market are looking at KfW finance being the catalyst for the share price re-rate, and I agree that this will be a significant catalyst. However, I have a feeling that we will secure a strategic partner, who will fund the expansion and commercialisation of the pilot plant in Germany, before we finalise finance with KfW - I believe this will happen soon.

Epanko is the main game followed by our 20ktpa downstream processing facility, but the value of a commercialised pilot plant in Germany, even if it’s only generating modest revenue, should not be overlooked.

I’m getting anxious for that next big announcement which I can feel is just around the corner.