resolution 2 from generak meeting, page-94

I hope you are right peran, but I dont think the sino deal has much to do with it, the bigger problem is they havent defined the amount of resource they have, ie no JORC. Sino is irrelevant because Mn will sell for whatever the market price is. If sino were that keen on KAB Mn, why wouldnt they enter a partnership?. some here have claimed that KAB only need 1.5 mill to build a plant that will mine 20,000 tonnes per month, which is somewhere around $2 mill per month profit, yes per month.the loan would be payed back in 1 month, sino would just have to pay ina advance for the first months production....hard to believe isnt it? so ask yourself whats the catch? I think the general consensus is that it is going to cost a lot more than $1,5 mill.