re: Ann: Kogi completes Environmental and Soc... My view only
We are far from a bull market and with china slowing down doesn't help the resource end of the market.
However as I have previously said it will not be until a) KFE has the funds to build a mine
b) Chinese or a Indian or large African iron ore producer ( exarro) become a large shareholder and take a supply contract or buy out KFE just like what happened to CFE and Aztec and African iron.
400 million usd is what I am going too guess but with not that much credit around I'm afraid KFE will tread water until the world economics change.
Still a supporter and am sure it will be a winner. Burston is no fool. He is a visionary.
Furthermore guys there are too many resource stocks out there with the same potential and with proven management.
RES,MAB,KFE
All with a very tight register
Best of luck everyone
Ann: Kogi completes Environmental and Social Impa, page-10
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