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The manganese business is changing.
Samancor are selling off their assets in RSA/Australia and this will remove the last vestige of price control from the market.
Timis' company has just announced a rail deal to try and unlock Tambao in Burkina Faso.
This will result in uncontrolled spot sales from cowboy operators.
If you look at Gulf and Robust in Indonesia, all we hear is a tirade of unsubstantiated announcements - no conformance here.
The abortive attempts of ZAM and KAB in Zambia add to the gaggle of cowboys trying to find a position in manganese.
The northern Cape of South Africa should be the main supply, but unless the ZAR government really deliver the R300 million something in infrastructure spend over the next 10 years,that will also amount to nought.
The only really safe supply is Groote Eylandt in Australia's NT.
Does anyone have funds to back me to buy it??