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: chrome to US mart...but why wake a sleeping giant !! outcrops...

After talking to KWG SH Relations and reading posts from many knowledgeable people in the last two years, it is my understanding that the difference between 25-29% concentration and 35-40% is exponential. It not only reduces production costs, but as mention before by many others, it facitlitates a "mine to market" process that is much easier and involves fewer steps, notwithstanding the possibility of shipping directly to customers without smelting. That's why I mentionned in my previous post, that I would love to see a cost / profitability comparison between the two scenarios.

Let's just hope that prior to handing over the operatorship to Cliffs on April first, KWG will be publishing a few NRs that will incite one of the big players to step in with an offer, and accelerate the project evoluation.

Best of luck to all,

LP

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