Massive Black Horse Chromite Discovery

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

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Message: NAV - net asset value

Those who are complaining that this was worthy of a halt or that it didn't meet their expectations should reconsider the VALUE of this milestone. It has been hanging over us for many months now. Whether it was worthy of a halt? I don't know.

What I do know is that is was worthy of drawing attention to and it was material to our NAV...and if only for that purpose, then the halt was worth it. I had a lot of anticipation for this news and am a little dissapointed, but I recognize that the gap between my expectations and the reality, is not KWG's to fill. I have t attenuate my expectations.

It is up to me to recognize the forward / upward trend of news and continue to support managment, in spite of the fact that it is taking much longer than I would have thought or hoped for. This is yet another positive move on the ROF chess board IMHO.

GLTA KWG longs

Le Penseur

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