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RB and Santoo,

You guys are still living in the future and your continual debate is based on things that have not gone right or wrong (Yet).

It seems many posters here are trying to put up numbers to get clarity yet all the necessary information appears to be missing. I dont believe nobody without ALL the facts can put number on "How long a piece of string is" as that is all many are doing.

Also, JB gets paid by KAB, he also gets paid by CCC, where is true focus, on and off like a light bulb back and forth perhaps? Well, this fella is starting to remind me of a younger Michael Kiernan with all the wheeling and dealing.

In brief & for those who dont know, a good deal of this CEO and Executive position with Specs has is actually a career AND a CULTURE. Particulary noteable in Western Australia also. The Perth CEO culture of mining companies is huge and even has a bloodline that follows it.

Back to such glory about offtake agreements which seems to also be continually gloated about.

In short, So What!
Many companies have offtake agreements with SinoSteel and a variety of other chinese manufacturers.

Real example. Go to the Fox Resources homepage and check out the "Fox Signs Zinc Offtake Agreement with Sinosteel" dated Fri, 4 May 2007.

What has happened since then? Why are they not shipping?
What is this offtake agreement with SinoSteel doing for them now?
What was meant to be a company making event has turned into a Roller Coaster of Hell with simple mums & dads getting burned badly, but not that you fella's would care.

IMO The same thing is happening here, and there is a long long way to go.

And before you ask why do I or others such as Lory, dmagnus, KIWI, Sparkler, ZED, and quite a few others post here? Well it is simple really, we are not fresh meat and do not appreciate some posters raving about something that is potentially shady until proven to be facts.

We seek truth, transparency and accurate information and also do not wish to see others who dont know gradually become victims to the Culture of Corporate Greeds grinding machine.

As I have said previously, it pays to be a contrarian in these markets whilst dealing with these type of companies!

Have a great Easter, and dont go counting Rabbits mistaking them for chickens :P