The Cliffs news release did not specifically mention the dropping of the appeal, though they did list other things being discontinued. I suspect that KWG mgmt will have the answer to that for us shortly.
Wonder what Cliffs might want for their holdings? As I recall they paid very little for them and were very proud of the fact. Hmmm, I remember a Russian oufit forcing a cheap take over in Quebec and 2 years later left limping for the homeland with the tails between their legs. See ya Cliffs, on the way home try not to trip on your tails. Okay Kwg, now we make stuff happen.