Hi K. Yes this line could have been written by you!

I heard a few times here and elsewhere that Noront and KWG could merge or make a deal of some sort regarding the chromite assets - which I found then to be quite a long-shot call... Now I think this is not that much a wacky scenario!

The problem is the (temporarily) useless 30 % minority Big Daddy asset which is like a leaded sinker left in KWG boat before being pushed off the shores by Cliffs (and a tired friend)... By chance, KWG had some water wings with their CCC claims, and an unexpected reserve of fuel with the NSR sale money, to manage a way to stay afloat! (And enough strenght to take a few shots and trow a bullet or two back on Cliffs face!!!)

But despite this heavy ballast onboard, Noront and her financiers could see an opportunity to strenghten their chromite future (don't forget Blackbird) on the long run by taking out KWG and take a real leadership of the RoF with the eskers claims in their pocket... KWG is certainly no more in the aim of Cliffs as a TO target following their packing out annoucement... And the governments will be pressed to rush into something quickly as regards to infrastructures. So Frank Smeenk could too see an opportunity to arrange an honourable exit trough Noront... Who else really? Am I on a rave??? GLTA.