... Under the proposed Noront transaction, Franco-Nevada will purchase a 3% Net Smelter Royalty ("NSR") on the chromite mining claims as part of their agreements to finance the deal. This will bring the total NSR to 5% on these claims, a very high royalty load that will significantly impair the ability to justify and finance the ultimate construction of the Chromite project. If the project is put into operation, this additional revenue royalty will reduce the profitability significantly, cutting into the bottom line and jeopardizing chances of the First Nations obtaining any benefit. This will cause more exposure to pricing cycles and less profits to be shared with the impacted First Nations...

Perhaps the FN should abort their confrontational tactics before more NSR are sold by ROF companies for working capitals.