drilling results, page-103

"A sobering report for people that don't live in micro bubbles."

Kiwi67

I think some trying here to use the Greek election to down ramp kaboko mining is not really convincing!

The Greek will look after themselves, Europe will look after itself, the equity markets has fallen in the last few weeks and months, so a lot of the negativity has been factored in already .

kaboko mining already has a binding agreement in the pocket, so if they manage to get finance and get the project running, it will be all go, Greek tragedy or not!

Manganese prices have already bottomed in my view, it is stable or go up from here, current prices are at production cost for the big players, so basically it is unsustainable, they need to make profits or they will suspend production, which will play well for low cost producers. and that is why I like Kab.

Early indication of the Greek election shows they may stay in Euterpe, so all the noise was for nothing as I expected, just a bit of scaremongering going around to help wealth distribution, most of Europe are technically bankrupt already along with the US, and that is why they will not let the whole system fail, because they will be all exposed.

Forget about drilling and Jorc for now, will kaboko manage to get financing on good terms so they can start sending shipments to the Chinese?, will they be able to generate cash flow in the next few months?


These are the $55 questions!