Great post bene449 as always. Mn ore prices fluctuate and whilst...

Great post bene449 as always.
Mn ore prices fluctuate and whilst Tshipi is a relatively low cost producer, it still isn't the lowest and its in a jurisdiction where Governments can change the rules at the drop of a hat.

Remember a couple of weeks ago and everybody thought that Ghana Manganese was closing down.
Well, I suggested that it wouldn't close down.
Post 37492427
As I mentioned in the previous post, the Ghana Government is dealing with the Chinese, did you really think the Chinese would stop mining?
This is not just any old Chinese company, no way would they stop production.
In the end the Ghana Government thought it best to kiss and make up, and please keep producing.

QUOTE
"The Ministry of Lands and Natural Resources has directed the management of the Ghana Manganese Company (GMC) to continue operation while work progresses on the outcome of an audit report."

"A visit to the operations area of GMC in Nsuta Wassaw, near Tarkwa indicated the upstream heavy duty equipment of the company was busy at work."

What is interesting is that Austdrill has just been awarded a Contract extension.

"Mining services company, Ausdrill Limited (ASX: ASL) made an announcement on 26 February 2019 stating that its wholly owned subsidiary, African Mining Services (AMS), has been awarded a contract extension with Ghana Manganese Company (GMC).
As per the company’s announcement, the contract has been extended for a term of two years, extending the existing equipment hire contract with GMC to February 2021. It is expected that the extension of the contract will bring in revenues of around US$88 million (AUD$123 million) over the course of two years.