Nathanblack: You are taking snippets of information and twisting them to undermine the progress that KAboko MINING has made. You would benefit from reading the company announcements and putting your quotes in context. You are entitled to your opinion on the funding arrangement with Celtic - but the shareholders l know (including me who has a significant position in this company) are all in full support of this. It is the Hotcopper posters here with no coin in the company who are against it - that is meaningless. The progress that Kaboko MINING is making is significant. I ask again - Have you ever spoken to Jason Brewer? Have you listened to the company presentations? Have you been to Zambia? The superfial google screen dumping needs to be pulled back into line.
I still haven't seen anyone else add to the list of achievements made by Jason Brewer and the Kaboko MINING team so far:
Noble deal debt funding is being finalised Resource is being defined via drilling. Sinosteel have tested and proved the high quality and low contaminent nature of our Manganese. Another major Chinese player has tested and proved the high quality and low contaminent nature of our Manganese. A Sinosteel binding agreement has been signed and is currently being filled. The Zambian government fully supports Kaboko MINING and has provided dozens of tax concessions and incentives. The Kaboko MINING board has technical, political, financial and resource expertise. Celtic fully supports Kaboko MINING and has a loan that can be fully converted to shares on terms which are exceptional for shareholders Machinery is on site and is being used Living quarters have been established and employees are working on site Our drill rig has been repaired and is being used by a mining services company. Roads have been constructed. Logistics have been proven. CCC JV Manganese Ore stock piled
KAB Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
