Once again Lory - read the announcments. There is a commitment to drill, our (Kaboko MINING LTD) drill rig has been fixed and is on site and a service company is contracted. The annuncement states this.
The unfounded attacks on Kaboko MINING need to stop. The Jason Brewer character assassinations have stopped because it now is - and should have always been - classified as defamatory in nature. Now posters are trying to derail the conversation. The topic of this thread is progress and here are the hard facts.
Noble deal debt funding is being finalised Resource is being defined via drilling. Sinosteel have tested and proved the high quality and low contaminent nature of our Manganese. Another major Chinese player has tested and proved the high quality and low contaminent nature of our Manganese. A Sinosteel binding agreement has been signed and is currently being filled. The Zambian government fully supports Kaboko MINING and has provided dozens of tax concessions and incentives. The Kaboko MINING board has technical, political, financial and resource expertise. Celtic fully supports Kaboko MINING and has a loan that can be fully converted to shares on terms which are exceptional for shareholders Machinery is on site and is being used Living quarters have been established and employees are working on site Our drill rig has been repaired and is being used by a mining services company. Roads have been constructed. Logistics have been proven. CCC JV
Please add to these as there are many more.
KAB Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
