From November Shareholders UpdateNovember Shareholder update is the latest - looks like lots is in progress
B U S I N E S S G R O W T H S T R A T E G Y:
ORGANIC GROWTH
• accelerating the k.hill project into production • developing the otse and lobatse prospects
• exploring the rest of the kanye project licence area
GROWTH BY ACQUISITIONS • acquiring undervalued manganese projects in southern africa
• de-risking new acquisitions
• building a large, independent multi-country manganese development company through consolidation
ON-GOING DISCUSSIONS WITH MULTIPLE POTENTIAL OFF-TAKE PARTNERS
• Traxys • Glencore
• Gunvor
• Smaller traders
• Specs and pricing models reviewed - Giyani is designing
THE HIGHEST VALUE PRODUCT SPEC GIVEN THE KNOWN SPECS OF THE SURFACE MATERIAL AT K.HILL AND THE BULK SAMPLE MATERIAL TO BE COLLECTED FROM OTSE
• K.HILL material will be divided into two products, medium grade chip material and sinter fines • OTSE target high grade dso (direct shipping ore) lump material