Cabe, Have a read through this...

Cabe, Have a read through this link:
http://www.arm.co.za/im/files/presentations/2008/manganese_day_22may08_p2.pdf
Comes from the AQD thread and gives some good info on the Mn market in the latter slides.
I've had CUR for a while and been really happy with the progress. Have held OMH for about a year and seen the Mn market turn rapidly, like a lot of the alloying metals, so I can understand why they are pursuing this project, their strategy is to lower the risk by finding "ready to go" projects and development them, rather than peg random ground. Rich Hill was a founder of hibernia, which became MOL. Spinifex ridge was known about for some time, but took these guys to develop the project.
This is a nice aquisition (although low grade) and knowing the guys involved rasing funds shouldn't be an issue. Remember how easily they raised $7M earlier in the year, albiet equity, but CUR has a solid team and gives confidence to put your money in.