3500,You summarised them all. The Noble factor made me more...

3500,

You summarised them all. The Noble factor made me more comfortable on this investment. Noble did its due dilligence on licensing and technical study. Noble took a large risk on this project if KAB doesn't have the tonnage or the grade to deliver. For that, I feel we are protected. The worst case scenario is shareholders lose their investment and Noble take whatever tangible asset this company has (processing plant, equipments, non-commercial Mn tenements and may be few broken chairs and desks in the Perth office). I say this to emphasize that substantial risk management was done by Noble before throwing in the money. We are waiting for the derisk before this one takes off, hopefully by end of June.