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: KWG appoints CFO and terminates area of interest with Spider

My first impression is that this was a nescessary step in the continuing evolution of KWG. This is not a knock on Spider Resouces but I think KWG is beginning to outgrow them and they need the flexibility to make descisions without having to worry about what junior is up to. The only constant thing in life is change and no matter what KWG does in the future they will still be working together with Spider in many areas for years to come. That is my thoughts on it but we will see what the future holds.

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