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: my guess
3
Oct 29, 2014 12:53PM
6
Oct 29, 2014 06:01PM
5
Oct 29, 2014 10:32PM

Bananaboy, leaving Cliffs with a minority share in BD probably wouldn't be on the table. They'd still be responsible for that percentage contribution to development of the mine, and they're not interested in spending any money. Based on their situation and plans, it would be more appropriate for them to divest 100% but retain an equity position, or perhaps an NSR or something non-commital.

9
Oct 30, 2014 12:41PM
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