re: Ann: Processing Plant Design Finalised fo... It actually sounds like downramping! claiming that some one is shareholder is a disclosure without any means of verifying it:
The company has been forthcoming with news and informing shareholders with every step they take. here are some kab's ood news and the responses to them that we get from the group:
Sino steel take off agreement: It is not possible, how come they sign an off take with kab without Jorc, those Chinese don't know much do they?
The company bought mining equipment and they are already on the ground from the proceed of the last two cap raising:
how did that happen? it could not be that easy, shareholders normally suffer for years before anything like this is achieved, something must be wrong!
kab appointed an international shipping company to handle the shipping door to door: ahh this one is a little fishy, that is too professional, too good to be true.
Kab got another Chinese iron company to conform the high grade and negotiate a second off take: Hmmm, these boys know how to cut deals,and benefit from them, watch for Armageddon coming for shareholders.
Kab paid the usual %7 as fees for the capital raising: no no no no, they must have charged $500K , that sounds bad enough!
and now:
The cost of the plant is $1.5M and the consultant/constructors is an international reputable company: No way that is impossible, that will make kab look like a winner, we need to knock this down, it must cost a lot more than that, we are running out of ammo.
And finally There might be some more good news coming kab's way: don't worry, we will find something when that happens, we are used to that aren't we?
LOL
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