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: Superior proposal
5
Jun 27, 2010 11:45PM
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Jun 28, 2010 08:36AM
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Jun 28, 2010 09:11AM

They are worried. With a couple hundred million already committed, they have to be looking for 100%, not a jv partner. Having said that, I am surprised they don't either put up more money or encourage the transparency of valuation. Perhaps they are worried that if NOT pulls a big hole, there would be more interest from a supermajor. Lots to think about. I think they all have a great future, but dallying on price by CLF seems dangerous.

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Jun 28, 2010 10:51AM
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Jun 28, 2010 09:03PM
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Jun 28, 2010 10:08PM
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Jun 29, 2010 10:08AM
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