KNL 0.00% 9.3¢ kibaran resources limited

Good to see a BUY recommendation and at @23c target. The...

  1. 3,276 Posts.
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    Good to see a BUY recommendation and at @23c target. The positive thing is that their report was released 25.06.18, and we have had significant progress since then, both from Germany and GOT.

    My 0.23c target is simply due to CBA's main buy was ta 0.23c and we have made significant progress since.
    and they have not sold 1 share so far.

    Fully agree re Germany...I am very confident Epanko and DarElsalam will proceed and will gradually reflect in the value of our SP as we continue to progress...but the German Plant can progress much faster and on a much lower Capex and if proven viable will likely generate very good income and importantly can be replicated quickly and at low cost.
 
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