Massive Black Horse Chromite Discovery

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

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Message: KWG Shareholder Meeting Results

Goldhunter:

Just a couple of thoughts:

Although there has been no confirmation about NOT filing with respect to the Appeal of the Appeal, it would also appear that the whole court case may be dropped.

Speculation, of course. But it may happen. I just think that NOT has to at least show some intent on behalf of its shareholders i.e., trying to maximize their investment.

If KWG share is increased to $0.20 level from a 1 for 10 consolidation then restriction on the investment from certain investment firms would be lifted allowing them to finance KWG at some reasonably price which essentially put a floor on the SP.

The consolidation will happen. But it's all about the timing. Typically share price will drop after consolidation so some really good news, lots of good news, must precede the consolidation. (If it involves NOT, all the better.) That's where the timing comes in.

My two cents worth.

Snug

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