Re: Cliffs Up Bid for SPQ to $0.0165---how does this effect KWG?

Massive Black Horse Chromite Discovery

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

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bayboy

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Re: Cliffs Up Bid for SPQ to $0.0165---how does this effect KWG?

in response to

Cliffs Up Bid for SPQ to $0.0165---how does this effect KWG?

Trace

posted on Jun 14, 2010 08:55PM

Theoretically this puts KWG value based on offer for SPQ at 13.64 cents plus value of DD (NSR, diamond prop & railway project) This is what Cliffs is telling us we are worth. I think it is much more.