Math question

Massive Black Horse Chromite Discovery

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

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cappysmart

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Math question

posted on Nov 22, 2011 03:08PM

If we will receive 6 DDI shares for every 100 KWG shares we hold would that imply that DDI represents 6% of KWG's market cap?Therefore,after the DDI distribution,can we assume that KWG's market cap could be reduced by 6%?Also,is there a plan to split off CCC and distribute this as well leaving KWG with 30% of Big Daddy,in partnership with CLF,and ~15% of the VMS claims?What sp can we expect for the altered KWG after each or all of these transactions have been completed?TIA.