Whilst Other Graphite Plays Are Promising, Kibaran is Delivering

Kibaran Resources (ASX: KNL) is one of our preferred graphite sector exposures, maintaining aggressive exploration and appraisal activity with respect to all its advanced Tanzanian graphite projects, although its flagship Epanko project remains very much the current focus. Kibaran rose by 12% yesterday after announcing a ground-breaking off-take agreement with ThyssenKrupp for 20,000t p.a. (50% of initial production) over a 10-year period, with a further 5-year option. Confidence in the stock is strengthening as a result of a lot of hard work over the past 18 months (high-grade drilling results, exceptional metallurgical test-work results, upgraded JORC-compliant resource base, as well as positive Scoping Study and BFS results that demonstrate robust project commerciality). This has been reinforced by the ThyssenKrupp off-take deal, which is a company-transforming transaction that sets Kibaran on the path to production status in 2017.

Gavin Wendt
Founding Director

Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.