Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: Re: Net Smelter return

Mar 10, 2010 03:40PM
1
Mar 11, 2010 05:29PM
1
Mar 11, 2010 11:07PM

.

You Ask.

Any ideas on what this 1% figure might be, in dollars/year, or cents per share/year?

.

I've been told in a conversation with a KWG Rep that the 1% Net Smelter would bring in about $25,000 per day when everything is up a running, and that is on the low end of the money scale.

.......RL

10
Mar 11, 2010 11:51PM
1
Mar 12, 2010 02:52AM

Mar 12, 2010 05:13AM
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