"But in the end, if there are two competing offers that are similar (or a matched offer) then the funds can "recommend" that of the two equivalent offers, a certain offer would be favored."

In the end that would then not matter to the investor, however, can you really imagine a draw of sorts with two offers the same? With such an important resource I think, in my opinion, that they would niggle to their last available dollar in order to grab it. I think what slips people's minds, a desired state by the players, is the fact that the disinterest, aside from the headlines, in the ROF stocks from competing forces in light of FWR/SPQ, has rendered investors unable to see the honking value here.....because if the sp's aren't high then they can't be all that great can they? It cannot be expressed just how gargantuan this area is with all of it's mineralization. It's been likened to a multi-sudbury.....there are generations worth of Cr which is diminishing in availability from the rest of the world.....and entities are in the process of trying to take it for pennies.....for pennies.....for a song! Wakey wakey world. Another theft is in the process and there are only two things potentially in our favour...... white knights and a savvy board that will go to the wall to protect the investor. What's our score on both of these.....we wait to see.

On another note, what do you think Baosteel is doing during all of this? Do you think they've just bought their initial percentage of NOT and are not checking out what the other players might be up to? Do you think they have not considered potential actions from others? Do you think they don't have a game plan with NOT dependent on what comes up?