Re: Think they can afford us

Massive Black Horse Chromite Discovery

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

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luckylou

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Re: Think they can afford us

in response to

Think they can afford us

Blackfly6

posted on Jul 12, 2011 09:23AM

nice call Blackfly pretty scarry stuff.

Cliffs pays out 36mm in dividends in 1 quarter.

kwg worth 57mm give or take on any given day.

Do you think the mouse has a chance with this cat? How close to the edge of the cliff are we.

Is there a rush to start thr Rail LIne PROCESS?

Is there a rush on to break out DD?

Why I wonder??not really!!

Take out with pocket change comming. They dont even hav eto buy that much another 32% will give them control. and cost themn a little over the dividend they are giving their shareholders.....writting on the wall just a matter of whether it is .15c or 30. More likely somewhere in between, Shareholder bonus will be DD if they manage to extract it before the event. I dont thgink dividend of DD will impact on the price of KWG when the take out occurs.