IPO set to rock the Kasbah

MOROCCAN tin and tungsten-focused minnow Kasbah Resources is looking to pump up its war chest to the tune of $A10 million via its initial public offering to acquire and fund exploration on the Achmmach and El Karit tin projects located in the Middle Atlas mountains of Morocco over the next two years.

In the company’s IPO prospectus lodged late last month, Kasbah non-executive chairman Graeme Walker said the company had the exclusive rights to acquire 100% interests in the projects from the