And that is the beauty of kaboko mining, that is exactly why it is different from the rest.
Thanks for bribing that up, could not be a better time.
kaboko has two solid binding off take agreements! if some don't know that already.
That means at any market conditions over the next 10 years, kab are guaranteed to sell it is products no matter what.
20,000 to Sino per month
And at least 1.7 million tons for Noble Group.
yes, "at least" read that again, with the right to match any other off take.
two of the largest commodity dealers in the world!
signed and sealed! they are final and binding!
so no matter what the doubters used to say about: "off take is not important bla bla". here we have the management secured the future sales for the next 10 years.
People who don't read the announcement will take about "Millions" as if it an impossible numbers.
Once kab install the plant and starring the full production cycle according to their business plan, repaying the debt back will be a formality.
It is all in the ann.
"I hold none"
Of course of course!, but regardless, how is that important to discussing kaboko business?
KAB Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held