KAB 0.00% 0.1¢ kaboko mining limited

first blast and mining operations underway , page-31

  1. 3,534 Posts.
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    Not much trade on the last ann tells me that it isn't a pump. It's simply a progress announcement and it is good on its own. With the cash from Noble, KAB must deliver the ore as in contract. The cash is therefore put where the mouth is under Noble supervisor. Noble is a large trading house and they dont have to take unnecessary risk on a small amount of Manganese ore that they can source some where else. I agree that KAB has issues in the past but not because of that, future progress got beaten.
 
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Currently unlisted public company.

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