The main point of my post is that Xstrata is not a likely partner for such a physical development. FWR was a major opportunity for X in a core business, could have been taken for pocket change, but they passed on it. CLF can surely develop a strategic partnership with someone who is nickel-centric but X seems very unlikely. Little has changed since FWR went on the block , and while I agree with the concept as presented, I would hope for a Vale, Hudbay, or even a Sherritt. I'd vote for HBM myself, they can operate well in this environment. More copper and even zinc would be a big help. Governments' cost sharing will be key to CLF just going it alone. They love the cheap assets that are more or less in their back-yard.