Member Info for Dambaba1

Very good drilling results. Test results very soon. We might hear from the Chinese with these test results...

This results will make Chinese to decide quicker

I don't think so. Germans are taking Kibaran and Chinese won't be letting us taken by them or some other riwals. They have to be quick

Nice buys this morning. Chinese will eventually come with a nice commercial deal and this will be trading at double digit figures. I am very confident....

We all know you are out at loss Maestro so that is why you are talking rubbish. Yes company has not much cash that is why seeking for a offtake partner otherwise we produce yourself...

2p is coming Once we break 2p barrier than straight to 3p.

Big buys coming in now

Some sort of commercial deal with Chinese will come very soon. They will pay for all costs and take the project to the production fast. Very good price for top up or getting in...

Chinese interest and hopefully commercial deal is soon. Having a partner is more important then drilling.

Its a good news guys. Stop moaning. Plenty more to come...

Kibaran Resource announced that new Legislation has no effect on it's Graphite project and all their partners and banks are supportive.

Yes i do believe this is cheap at current price and it's should be at least 7-8p before any commercial deal. So 3p cheap and if you buy now it will be very good purchase :)

At current level. We will be laughing to all this when things started to become more clear...

You need to calm little bit down pls. This is not day trading share. It's an investment. As Kibaran announced that won't have an impact on Graphite plus out asset owner is a Tanzanian company. We will find out soon everything but I believe there is nothing to panic at the moment. Good opportunity to bring average down imo.

You are down 15k and seem to be want down more by just looking at Asx gold companies not Graphite and saying this all will be finished. Does not make sense to me!!!

It seems new law won't affect Graphite. The Company’s Epanko Graphite Project will produce an industrial mineral product of 96% carbon that will be sold as a final product directly to customers in Germany, Japan and South Korea. As graphite is classified as an industrial mineral, it is not a product that is traded on a quotable terminal market, but is manufactured to individual customer specifications and sold under long term bi-lateral sales agreements. As an industrial mineral operation, the majority of the new provisions are not expected to impact the Company as they appear targeted at mining operations for metals, precious metals, metal concentrates and gemstones. In terms of the specific provisions of the new legislation, the requirements relating to the export of raw materials, storage and valuation of materials for further processing, beneficiation of metals and mineral concentrates and increase in the metallic mineral royalty rates do not impact Kibaran because the Epanko Graphite Project involves the production and sale of an industrial mineral graphite as a final product in Tanzania.

Its very usual in Aus to do that. This was known long ago, not a new thing in Tanzania...

Well said micksnags

New legislation design to protect countries resources from the smugglers so market is over reacting to this news. Very good price for top up.

I just found the link http://www.kibaranresources.com/ German government is investing on our next door neighbour. We got high chance to this sort of investment.