Massive Black Horse Chromite Discovery

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

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Message: Question?

With Renforth fulfilling the options, does this mean they believe that KWG will divide the company, prior to any potential takeover bid? Why would you do this now, with a clear air of uncertainty surrounding KWG? The timing of this announcement is interesting, and I wonder if Renforth does this unless they know KWG plans on breaking up the company. Anyone?

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Oct 18, 2010 03:32PM
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