KAB kaboko mining limited

jason brewer, page-21

  1. 2,110 Posts.
    I rememebr some early posts on how the roads to port are quite long measured by thousands of kilometers adding to the cost etc. and how the quality of the roads, obtained somehow from Google maps will make transferring the ore impossible.

    As it turned out, that was not based on any kind of research, just random comments and wild imagination.

    I also rememebr the "slow boat to china" comments which were designed to give the impression the first shipment will not arrive, pirates on route etc.

    On the other hand, the company has done a great job by signing the transportation contract with a world class shipping company and naturally they use rail mainly and roads only for short distances from the mine to rail line.

    That is what really matters and all in the company asx announcements.

    The result of all that is that someone like veryhairy is interested in buying the stock as he mentioned previously,looking to make profits, which is makes compete sense, and even some of the other downrampers are confident of higher prices soon enough that they declare their selling price well above 2 cents.

    If that is the group's position. then it shows a lot of confidence on what to come short to medium term. maybe as strong confidence if not more than long termers.

    Great to see!





 
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