Hi happy,

The chromite on FWR --was NOT estimated----it was a 43-101----almost 70 million tons now you can start with figures----happy

You´re right, I stand corrected.

They had the NI 43-101 out (70M tonnes) just before the take-over in January, it was not really known in the bidding process, though.

And I start the figures, because goFWR was quoting $ 25B for an estimated 100M tonnes resource (in-situ) @ $ 250.

That would make it $ 17.5B for 70M tonnes.

If we take the quoted $ 7B for Eagle1´s 11M tonnes of Nickel, Copper and high-grade PGE (so far) you have to add $ 3.75B for Noronts 15M tonnes Chromite @ Blackbirds.

Plus the potential @ Triple J, Eagle2, AT12 and what´s deeper @ Eagle1 !

I still think we will overtake FWR´s known in-situ pretty soon with a large step forward.

And I certainly hope that our first bidder comes in higher than the final 1,5% in-situ of FWR.

FANTOMAS