A very logical and well presented post Wordsworth. I wish more posts were presented in such fashion, even from myself.

However you neglect to address the promise that Noront already made, that of releasing the NI 43-101 on Chromite this quarter ( am I wrong?) and there is only three weeks remaining, allowing for holidays. I do not think they will release such after Christmas, not likely.
Noront has been fairly methodical and true to their word ever since Wes is at the helm.
There is a good chance it will be out today or during the day Wednesday. If not at this time period then there is no need to hurry this year.

Needless to say, all this recent action has been about chromite. Noront initiated it for a reason. One possible reason is that they received a preliminary report of what the chromite resource is and that sparked them into action. ( Would they bother if the info was just so so?)

Just more hypothetical musings.