yes given the high grade Mn out there, resource upgrades coming...

yes given the high grade Mn out there, resource upgrades coming in january, and not to mention the Au resource that srr potentially has.

in short the Mn prices have fallen alot recently and if they were mining today it would probably be at cost.
but in saying that the mid to long term Mn price outlook is positive. the main reason for prices being so low atm is because of bhp trying to manipulate the market recently by offloading at a 14% discount to china.
i read an article recently that suggests that its bhps way of trying to push out juniors and increase market share before prices pick up.