Roamer,Thanks for the confimation.As a key manufacturing...

Roamer,

Thanks for the confimation.

As a key manufacturing ingredient iron ore price increases of 71.5% is because of the end demand for steel / stainless steel etc.

Manganese & Chromite are also key ingredients.

CSM's manganese is acknowledged as being in the upper quartile for quality and hence is in demand.

CSM has also just increased capacity to meet the extra demand. New plant had a 1 year payback on old selling prices so must be like 7 months now.

That type of return on shareholder money is like what was achieved when CSM took a significant chunk of PMM and then sold out because they did not want a hostile takeover and like always prefer to get in early not after the horse has bolted.

I say again, good management.