tick tick tick kaboom, page-23

dmagnus,

I think all companies could be clearer in their reporting. Take iron companies, for example. They switch from "magnetite" or "hematite" to "iron" or "iron ore" every other sentence. To suggest that KAB is disreputable for not being explicit with the details in every announcement doesn't seem fair to me.

The bottom line is the price. KAB's manganese ore is currently selling at over $250 per tonne. And it's good quality and Sinosteel wants 180,000t of it in the first year. That's the main thing we need to know.