To bring up the share price. All institutions and financiers use verified data for their decisions regarding investing. I am a small investor and I also rely to a large extent on such.
1. I look for a verified foundation and speculate on the remainder. No one wants an estimate based 100% on speculation. Too risky even for me.
2. Pehaps there is an interested party to do a JV with us but they need proof of a larger resource to commit.
3. OR more plausible as I see it, we are vulnerable to a buy out. I do not believe Cliffs is only interested in the chromite and if they did why not get ours and farm out or sell the other metals.
No I do not agree that it only applies to loans. Third item above is in my estimation the most likely reason.