Fonon Corp. (fka FNON)

[raptornuts]

120 Days (4 months) from the July 16 announcement that they have begun work, I could add that Mabwe has:

1. Built infrastructure including roads and housing
2. Removed the overburden and shaped the mining pit
3. Stockpiled barite for future jigging
4. Prepared a couple thousand tons of barite for shipment
5. Assume they also stockpiled limestone as well since the barite here was encapsulated by limestone

6. Begun a drilling program and feasibility study
7. Stockpiled additional barite and limestone for the future
8. Possibly SHIPPED the first few thousand tons. (according to Valentine, they already have shipped)
9. Begun to develop an on-site barite testing facility with Steinboch.

Now that is a LOT in 4 months. Shipments and improvements will occur every quarter going forward.