KAB 0.00% 0.1¢ kaboko mining limited

screaming buy , page-41

  1. 5,657 Posts.
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    Cheers Sparkler.

    This is from the "Q" (page 3) and may be what you are talking about, with your lower grades.

    The contract is for a min. grade of 48%. Brewer would like 53%

    Which leads to questions. Will each shipment be tested and payment given on the quality of each shipment?

    These grades are only in 3 reefs in Chowa.(small scale open pit ) So they can not have any really idea what is out side of the open pit.

    If they can prove up a JORC and map this resource, then they might have something as you said. The concern here, as is a real management risk. Passed behaviour, is a good predictor of future behaviour.

    You can see by the heavy discount placement ($1,482,000) and 15% ($219,546) cut to Komodo ,16% cut to the underwriters ($255,244), that you can expect more of the same.

    China has also been putting the pressure on Iron ore suppliers as well.

    ZZ-Vol. Once challenged, these pack ramper are always exposed.
    Keep challenging them, and do your research.
 
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