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: Math question
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Nov 22, 2011 03:08PM
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Nov 22, 2011 07:34PM
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Nov 22, 2011 09:48PM

On DDI valuation: it would depend if any KWG assets held on their books was being transferred to DDI as part of the transaction. If the case, there would be a tax valuation and that may create a deemed actual cost base for the shares of DDI. If no assests transfer, then the cost base would likely be 0.00 as we neither paid or gave up anything for the shares.

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