Re: cliffs out, kwg in...
in response to
by
posted on
Nov 21, 2013 07:14PM
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
Apples and oranges, LB. I am talking about a chromite mine development, while you are talking about a transportation route.
As it stands, there is no need for a rail link, as there is no bulk shipment of chromite being contemplated.
It would seem that KWG's fortunes in the short term could maybe be redirected to a way to capitalize on their 30% holding in Big Daddy. Possibly there is a legal route to force CLF to use it or lose it, and thus gain control of it. Even that would only be a first step, since once a mine is developed, and a rail link provided, they still need a destination for the ore.
Best regards
K