why hasnt drilling started yet, page-183

Its simple to us Zed....would ruin a good story. The conflicting evidence over the % manganese from actual drills performed prior to takeover by another owner, and other claims of it all being >55%.

That is a concept I learnt from studying the methods used by some others in the past, a long while ago, and so I am very very wary of someone who has been promising a drilling campaign since early Sept 2011 for every quarter, but never has actually sunk a hole. It just seems unfathomable that after nearly 15 months, this coy cannot deliver on that promise one iota. It has held hope for the believers only. I am not saying this is KAB managements plan, what I am saying is, it is now looking more and more questionable as to their intent to drill if they have not followed up on such guidance.

Projects that fail without any proof provided by drilling tend to wash and be repeated in another new coy. Thats another history lesson in itself.