KNL 0.00% 9.3¢ kibaran resources limited

KNL Update, page-54

  1. 9,235 Posts.
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    of all things KNL, the German bit is the least I am worried about simply because we are in "friendly" territory there... our progress out there is now known - get ore sourced from anywhere / multiple places and develop a plant that can process that and supply the hungry German market...

    of course, the best deal for us would be to supply it from Epanko where we get the benefit of owning the mine... but Tanz still have their heads stuck up in their backside, we will have to source our ore from other places... not an end to the world if we have to do, just reduced profit margins IMO...

    Tanzania has failed to deliver and as investors we will always be on our tippy toes even if they get their act together anytime soon... and KNL's German initiative is our pre-emptive effort to mitigate that risk in the future...

    fingers crossed that these Tanzanians realise the damage they are doing and the advantage of "first" movers of some sort is getting lost by every passing day... still not lost, but that advantage in this world is enormous...
 
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