First Impression ? beautiful deposit with high odds for growth + expansion
mega shares out
too much time spent arbitrating road / rail
too much time spent on patents
many players involved cuts into profits
many years have passed and much value stripped from common shareholders
Airship porting concentrates won't suffice.
Airshipping
pure chromite product is where it's at - more robust.
KWG has a long history.
Many moves, companies, and lots of arbitration.
Needs a revamp.
Retell the story - massive highgrade Cr deposit - Cr metal - Airship out - Investor value
Black Horse deposit contains
85.9 million tonnes @ 34.5% Cr grade Cut off 20% ( lots of room to tweak ) which could increase more avail tonnage.
85.9 million tonnes x 34.5% Cr
= 29,635,500 Cr tonne ( jusr Cr )
x $8950 usd
= $265,237,725,000 billion usd STREAMLING - KWG - CCC ( regroup / refocus ) - one product chromium metal
- Airship ( pure, simple, cost effective savings, no CO2 )
- no roads / no rails / no wait
- streamlines negotiations
- value packed highgrade project
120 tonnes ( 2 roundtrip airship runs per day )
x $8950 t
=
$1,074,000 ( million dollars / day )
x 200 operating days ( weather )
= $ 214,800,000 usd / yr / 200 shipment days
120 tonnes x 200 days per year
= 24,000 tonnes yr 29,635,500 Cr tonnes / Black Horse
~ 24,000 tonnes year
=
1,234.81 yrs.... life of mine That's how valued this district is.
Yet time.... time has a tendency to dilute a projects wealth.
AIRSHIP ( articles mentioning bigger payloads )
4000 tonnes a day 200 operating days ? 4000 tonnes x $8950 x 200 days per year
=
7,160,000,000 usd billion 4000 t x 200 operating airship days
= 800,000 tonnes yr Cr metal
29,635,500 Cr tonnes ( Black Horse )
~ 800,000 tonnes per yr
= 37 yr mine life
Streamline - CHromium metal - Airship - it's what i would do.
Why ? It's as simple as.... why should KWG + Wyloo pave the way for future peers ?
Why should 2 juniors pay the brunt of costs to open up new territory with roads or rail
or waste multiple years arbitrating losing value each yr - while future peers benefit ?
Air shipping allocates the costs directly towards the project
= benefiting the project in question.
Cheers....
Thank you ( startenout ) for posting the press on 50/50.
Appreciated.