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Massive Black Horse Chromite Discovery

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

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Message: Neskantanga Challenges ROF NS Road

That's definitely a possibility Ken, but think of this one...

BT ore concentrated at the mine site for direct ship and BD sent to smelter for best results

Hydro savings will be 60% if they smelt the highest grade...concentrating the BT stuff is not a big deal... in order to bring it to high enough grade for direct ship

Remember that Cliffs accepted a hydro deal from the Ont Gov that doesn't seem to compare to the rate that they would have received from Que or Man...so where do they get the other savings...answer from the smeltering process itself (% savings)

Opinions and discussion welcome

Good luck to all KWG longs

LP

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