KAB kaboko mining limited

name change but still headed south, page-16

  1. 165 Posts.
    Hi, With these speculative miners Murphy's Law often prevails.
    However, our next significant step may be the long-term off-take agreement with hopefully US$5m debt finance attached.
    Around mid-year we may have our first JORC resource.
    We are now trial mining but hopefully with our new modular units, full-scale mining may be achieved at Emmanuel and Peco during 4th quarter 2012.
    A previous commentator did a great analysis and suggested 5.5c may be possible by March or April. Let us expand this out until December 2012. A punter buying now at 1.8c or 1.9c could still achieve around 200%. Not too bad but keep in mind Murphy's Law. Cheers.
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