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: Todays Trading
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May 16, 2011 10:31AM
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May 16, 2011 11:09AM
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May 16, 2011 11:31AM
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May 16, 2011 11:49AM
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May 16, 2011 12:56PM
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May 16, 2011 03:20PM
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May 16, 2011 04:41PM

Good points...agree with all of it. I don't think that whomever decides to come after us will only buy the 30% of KWG in BD, but probably a lot more. Additionally, wrt dumping shares to go down to 10% or less...Cliffs would then, have to wait a year to make a hostile take-over bid. That would take them way beyond the 1 April deadline.

Cheers...good luck

LP

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