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: So what if...
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Jan 27, 2016 09:18PM
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Jan 27, 2016 09:48PM
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Jan 27, 2016 10:38PM

Maybe Frank can get an agreement to finance a large scale trial of the smelter technology, with a couple of million extra to pay for the needed work on Black Horse, from a company that wants to licence that.The drilling could provide the needed material for a big enough sample.

Any offtake agreement has to be conditional on the Black Horse chromite deposit being 80% KWG property, rather than just optioned subject to more work being done.

Similarly the railway economic projections have to include a lot of conditionals, perhaps several different scenarios depending on future chromite prices, projected production from other ROF companies, etc.

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Jan 28, 2016 11:14AM
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Jan 28, 2016 02:14PM
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