Massive Black Horse Chromite Discovery

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

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Message: My gut just said

C'mon....

It's screaming that cliffs is going to up the spq bid.

Some are worried this my leave KWG on the sidlines for a little while.

IF the spq bid is another lowball...KWG is back on, it looks to me like pure speculation at this point...I own both so will wait to see the announcement.

IF a pullback on kwg is in the cards - take advantage of the opportunity by throwing in a stink bid now.

It looks like its lining up that way...no doubt CLF isn't dumb enough to lowball, they know the merger would progress. We know they will throw something up worthwhile for spq holders to consider taking the money and running...but to me where might that money end up?

JMO

GS40

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