The share price of Kasbah Resources has been in free fall for most of calendar year 2014, but October heralded some more positive news which could see a near to medium-term recovery.

Kasbah is progressing the Achmmach tin project in Morocco and has some big hitters on its share registry including the World Bank (18 per cent), which confirmed in early October it would take up its full entitlement in a three-for-10 pro rata non-renounceable rights issue at 7¢ per share.