LoryI am sure that you are a seasoned campaigner but you must...

Lory

I am sure that you are a seasoned campaigner but you must realise that the stockmarket prices in potential or otherwise the market capitalisations of all companies like Kaboko would be zero.

Seed capital, captial raisings and placements are providing Kaboko with the opportunity to realise it's potential. The associated dilution, directors fees and underwriting costs are an inevitable part of this process.

Institutions and investors alike use projections based on resource quantities, market prices, estimated costs and estimated revenues. It would be naive to think otherwise. I have used the available information to make some forecasts - please provide your own on 20 thousand tonnes of Manganese exported per month.

Kaboko has made some claims and if these are substantiated through a JORC compliance resource then this is a company with a long term future. The boxes are being ticked, deadlines are being met and progress is being made. The support this company is getting from Sinosteel - that is right Sinosteel - is exceptional. Do you believe that Sinosteel representatives have not been to Kaboko tenements?

Shares are being accepted in lieu of cash and this speaks volumes. Jason Brewer is buying at market, and in my opinion, will continue to do so.

Any company can be painted with a dark and gloomy broad brush. However, I believe that in this instance it is unreasonable considering what has been achieved in such a short space of time.