No drill results, only sampling results 1kg grabs from surface reported as MnO2. May sound high grade but probably about par - converting MnO2 to Mn factor is 1.58 assume best grade 62.11% = 39% Mn. As a comparison, BHP standard is 46% so next level down in quality. No reporting of phos levels.
The $5m debt and $1.4m raised not likely to be enough to drill the resource and build infrastructure necessary to support a 20kT /month operation.
Only 51% interest (note with option to increase to 75%)
OKAP Ventures! Wonder how old Pete Landau is going. Ride the pump but be ready
KAB Price at posting:
2.7¢ Sentiment: None Disclosure: Not Held
