Agoracom: Small Cap Investment - KWG Resources Inc.

Massive Black Horse Chromite Discovery

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

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MaxValueHolder

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Offtake Agreement

posted on Sep 23, 2014 06:38AM

Somehow I think that next Big news will be offtake agrement.

It seems that there are lot of rumours how some other Big company are thinking about to take this great Chromite Project. Whoever that is will be probably much stronger than CLF.

Maybe Glencore, who knows?

But since Frank is telling to us that maybe some deal will come very sson with CLF I suppose that this Deep Pocket Company will probabaly make offtake agreement that will include:

- Buying of BD and BT from CLF together with CLF shares

- Financing of infrastructure.

So it could be that offtake agreement will be the Bigest news ever for KWG and ROF, that means that KWG will be leader in ROF to bring ROF to production. Even other company will prosper from that offtake agreement like BMK and NOT but if that happened then KWG could be $1 Billion Company producer. Hope for that.