Massive Black Horse Chromite Discovery

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

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Message: Smelter fee info

Smelter fee info

posted on Mar 25, 2010 08:58AM

Could someone please explain to me the smelter fee KWG has in place.

How does it work?

Why do they have it? I think I heard they paid a fee for it to someone.

Does each company have to sign on to it or is it voluntary?

How much revenue is it worth based on tonnage, I presume?

I have tried to go on line to find out about smelter fees but could not find out anything.

Any knowledge passed on to a grateful "herring-chocker" ( New Brunswicker) would be much appreciated. TIA rj

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