Re: 1% NSR

Massive Black Horse Chromite Discovery

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

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islandboy

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Re: 1% NSR

in response to

1% NSR

cappysmart

posted on Nov 18, 2009 01:17PM

If they produce 2.5 million tonnes @ 300/tonnes that is 750,000,000 @ 1% NSR = 7,500,000 per annum. Not bad considering the current market cap.

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