ragingboom you say sinosteel has put a vote of confidence in Kaboko by agreeing to take some manganese. How is this a vote of confidence?. have they put any money up front? I dont think so. they are just saying they will buy it if they can produce it, big deal. The manganese will get sold regardless if they can produce it. The key word there being "if". Manganese is a commodity, finding someone to buy would be about number 10 in the order of priorities in order to become a producing miner. We havent got to first base yet which is to prove we have a resource. I am still waiting for the JORC to tell me what we actually have.
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