I didn't post here because I don't really have the energy to post here. But I care enough to do it anyway, today. Think what you want about that comment.

Apologies to Jack Nicholson, but, "You can't handle the truth." Truth isn't bashing, sir.

The first thing that struck me about the NR is that it looks like the tonnage estimates being touted here are too large by aabout a factor of 2. No 100 M tonnes. The deposit is open, but that isn't worth anything under 43-101 reporting guidelines. The % Cr2O3 grades are below those being boasted of here. And he stayed away from giving average Cr:Fe ratios, didn't he?

The second thing that struck me is the grade of the PGE. A number of posters tried to inform you of the economic implications, i.e. it is worthless at the present time. Milsy, Been There, and now Brewmac and Pennysomething (I'm sorry, I can't remember things well right now). SA processes PGE by flotation with grades 20 times better than these, and with maybe 85% recovery. And the chromite that has been so processed comes out as wet fines. More expense required to make the chromite again suitable for the furnace. If they had better grades, they'd have reported them. I don't put any faith in bluesky grades.

I predicted the SP will drop because that's what happens when news only contains chromite information, almost without exception.

A wise man once told me, "Nothing is impossible for someone who doesn't understand how things work." Aside to JD: You don't understand what you claim to understand. I just don't have the energy to prove it, at the moment. Prepare yourself, sir. Enough is enough.

I expect that I won't be around for days now. I haven't been this bad for a long time. Good luck with your investments.

Sincerely,

Lar