I've been watching this situation for the last couple of weeks and am fascinated by what has transpired both with the SP and on the boards.

Its a shame that we have a couple of distinct camps on what is right and what is wrong and the behaviours of some individuals. It should be okay to voice your opinion without personal attacks. As a shareholder of both NOT and FWR as well as others in the ROF we all have a vested interest and an opinion. Unfortunately sometimes voicing your opinion can cause you grieve from those that believe that they are right, no matter what. I would just ask that people post the truth, and facts...keep the inuendo and deliberate false comments off the boards, you are delibertly hurting your fellow investors doing this.

At the end of the day the ring is better consolidated IMHO. I say that knowing full well that the timing of this is critical so that WE the shareholders get our maximum value for what we have put money into. Is now the right time? Thats the million dollar question. I know this, the chromite that fwr has will not disapear if they amalgamate with NOT. Clarence stream will not disapear off the map. Windfall, well both companies have already tendered Windfall to Eagle Hill, so thats a wash.

The problem right now is the share price. NOTs offer won;t go through with the price as it stands today. I can sell my fwr shares on the open market and buy not and be up about 15% without doing anything.

FWR's price has soley risen on the not offer, nothing else. FWR has given us nothing since the offer came out to drive thier price up. In fact the absence of results should be hurting them. Don't get me wrong, I like the fact that fwr is one of my stocks in the green. The point is if they want to stay there they better start showing up with some news.

I like the way Wes is directing the company. I see it as a very well organized BOD who have a plan. The plan is to make money. Folks, if they make money, we make money....enough said.

Greed is the thing that muddies the waters. My parents taught me a long time ago not to be greedy.......a good lesson. Some here can learn from that.

We need someone to get us out of this stalemate. UNtil we get substantial news from NOT or FWR or we see a NEW offer we are going to be in a holding pattern for another couple of weeks. I expect fireworks......as such I am not selling my NOT shares and I am not tendering my FWR shares until the sky lights up.

Just the way I see it.

Regards

Storm