There seems to be a trend developing of buyer surge then tapering off with sp settling at a higher level. All good so far. Given the high grade, (59% - 40% consdered a decent grade)offered to Chinese, it does seem likely the Chinese will take all the mangaese KAB can produce to satisfy China's quest for industial growth evidenced in that nations growth in affluence in the last decade. With new equipment now in place you can anticipate greater production coming from KAB. Once the off take agreement is a done deal, you would expect a significant increase in share price, unless the market has already factored this into the current sp. I think not? There is little point in contacting the Coy, they will only tell you, in different words, that which is already out in the public arena. To do otherwise puts them at real risk of providing what could be construed as insider information which would result in huge penalties. A surge in price may signal a favourable off take agmt. notification, before it is made public as all those privy to this information, position themselves and their vested interests and buy up large. Patience guys, good times are a comin.
KAB Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
