Lots of posts on this topic. In my previous post, I was focusing on this sentence in kharema's original post:

"NOT is apparently reconsidering their offer for all of FWR, and are now thinking that they will realign the offer to be 5 for1 for the ROF assets only, and leave FWR with it's other holdings."

If FWR ends up getting sold for .60 cash from a 3rd party, then so be it.

But if NOT ends up buying just FWR's ROF claims for stock (not the whole company, just FWR's ROF claims), then it solves a lot of problems for many.

FWR shareholders would retain all their current FWR share holdings. They would most likely get a stock dividend of NOT shares. FWR shareholders would benefit either through future NOT stock appreciation, or if they want, they can sell their NOT stock that they got in the stock divident on open market for immediate cash gains.

There would be no management change at FWR, thus Mac wouldnt need to be paid $4 million. FWR continues as a going concern. FWR will have lots of NOT shares it can sell (if it wants) for cash to put in its treasury for other operations.

NOT gets what it most likely really only wants, which is the FWR's claims mostly for the chrome) in ROF. It would be all stock deal, wouldnt cost them a dime.

NOT shareholders benefit from consolidation of resource in the area which may boost SP in long run.

Again, this is all merely speculation based on rumor. We need to keep this in mind. No one knows how it will all eventually end up. But it can be interesting to develop possible scenarios and share them.