KAB 0.00% 0.1¢ kaboko mining limited

Definitely clogs, the 48% ore price is in that range and has...

  1. 5,712 Posts.
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    Definitely clogs, the 48% ore price is in that range and has increased. Even if I put $130-$150/t as a conservative cash cost (mine, process, transport), KAB will still make a decent profit out of this mine. From my research, a smelter will increase the margin to over 7 folds but will require some capital. That can be kept for later. All we want to see now is they will continue progress well, get the ore from Mansa to port ASAP even just small amount. They need to show us that they can make it. I don't know clearly who David Scallen is but if he is the owner of Storage King, he would be in that business society knowing this is an emerging stock. And the same as AIM who has KAB in their emerging stocks fund.
 
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Currently unlisted public company.

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