tick tick tick kaboom, page-65

Talk about picking and choosing to scare a few who don't read, And talk about ....motives.

Nothing more obvious than the previous peace of work.

On page 3 on the last quarterly, excellent presentation by the way, the company said the following:


" In the Chowa open pit, in addition to the 3 bands of manganese mineralisation that were exposed following the production blast in August 2011 and were sampled and assayed of over %52 manganese, geological mapping has identified a lower grade intermediary zone of manganese mineralisation."

So we now have a new zone of a lower grade ore IN ADDITION to the previously announced high grade one!

This is a new discovery.. an extra resource!

how would any one see this as negative is beyond me, in any resource in the world there will be areas of higher grades than other. and i it just makes sense that KAB will target the higher grade DSO ore first to generate cash flow as soon as practicable.

at a later stage however this are will be looked at, assayed and be marketed at the right price for the grade.

I think when reporting something from company Announcement a little honesty is warranted.

so now the wet season is the latest scare tactic??

So if the roads were closed, and mining stopped during the rain season, how did kab managed to dig/prepare/ bag two shipment of total of 510 tons of ore and send then on road to port, and from port to china and they arrive on time without trouble??

Did that happen during THAT wet season, or did it not ??

And how did sinosteel find the whole practice satisfactory and kab worthy of signing a binding agreement with?


Some here can't rememebr that this was not the first ore the Chinese bought from KAB, this is actually the second, the first one was a few months back and it was obviously to check the grades/quality, kab did not do the shipping then.
The latest practice however was to test the whole process, the ability of kab to deliver ore to Chinese port.

Kab installed a lab on site to make sure the grades are monitored, contracted an international reputable shipping company to transfer the ore by road to port and from port to port. as professional as you will ever get.

All in the company latest presentation and ann as I always said.

But still some individuals wonder about the quality of the roads using Google maps, and the pirates at sea, pick and choose from ann and take words out of context in a desperate attempt to shake holders belief.

and what about that 21c that you keep repeating? .. mate!
the share price is only 2 cents something for God sake.

See.. There is a DOT there!

LOL