Mabwe Minerals Inc. (MBMI) Letter to Shareholders: Part II
Mabwe Minerals, a natural resources company engaged in the mining and commercial sales of industrial minerals and metals, today issued its 2014 Revenue Forecast based on the current mining conditions on the ground at Dodge Mine, the manner in which Mabwe Minerals will produce/deliver barite in concert with Steinbock Minerals' business plan and the timing of integrating key capital equipment to materially increase monthly production rates. The forecast includes all expected logistic costs based on an FOB: Port of Beira delivery position. Two key time-based items are essential to meeting these numbers. Namely, funding for the processing equipment and the…