GRAPHITE
Graphite developer Kibaran Resources has withdrawn an updated net present value (NPV) estimation for its Epanko project, in Tanzania, claiming a miscalculation.
The ASX-listed junior earlier this week reported that an independent review of the project had increased the projected NPV by 55%, from the A$213-million estimated in a scoping study, to A$515-million, based on an output of 40 000 t/y of graphite.
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