If you open up the link above...you'll notice something interesting.....there is a link missing.

The link is to the Noront Corporate Presentation that came out Jan. 2015....

With some "hunting" in the internet I present it below for your review(since you no longer will see it on the Noront website).

http://norontresources.com/wp-content/uploads/2015/01/Corporate-Presentation-Q4-2014.pdf

One of the questions I have is "why is it no longer on the Noront website???"

When you open up the "disappeared" Noront Jan. 2015 Corporate Presentation...I suggest you take another look at page 11 of 25. Look carefully at the comparison between Sirius and Noront...the study done by Raymond James.

Notice the similarity! I am bringing this up now for 2 reasons.

Look at the NR below from Sirius back in May 25, 2015....

http://www.siriusresources.com.au/documents/20150525-SIR-IndependencetoacquireSirius.pdf

Do you notice the 1.8 billion!

Once we get the infrastructure go ahead....this is the comparable value to our eagles nest. Now take our outstanding shares and divide by 1.8 billion.

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FOLLOW UP TO AUGUST 13, 2015.

Previous to the May 25 Siruis acquisition the following news came out:

http://www.miningaustralia.com.au/news/sirius-signs-nickel-offtake-deal-with-bhp-billiton

http://www.siriusresources.com.au/documents/20150513CopperconcentrateofftakesignedwithTrafigura.pdf

So we got 2 take off agreements PRIOR to the Sirius aquisition with BHP Billiton and Trafigura for a THREE YEAR PERIOD.

So ,what happened after the 1.8 billion dollar acquisition of Sirius??...back in May 25, 2015..

Well,...Glencore ..stepped in. August 20, 2015......

http://www.miningweekly.com/article/sirius-inks-supply-agreement-with-glencore-2015-08-18

"We are pleased to have completed the final part of our preferred offtake strategy with such an attractive offtake deal with Glencore. We have now secured offtake for all of Nova’s nickel and copper production for the first three years of the mine’s initial ten-year life and are looking forward to a productive relationship with Glencore,” said Sirius MD Mark Bennett.

The commercial terms for the Glencore offtake agreement remained confidential, but Bennett said that, as with the previous offtake agreements with BHP Billiton’s Nickel West and commodities trading group Trafigura, the agreement reflected the anticipated exceptionally high quality of the Nova concentrate.

The Nova nickel mine was expected to deliver about 26 000 t/y of nickel, 11 500 t/y of copper and 850 t/y of cobalt over a ten-year mine life with concentrate production expected to start in late 2016. Fellow-listed Independence Group in May launched a takeover offer for Sirius, offering Sirius shareholders 0.66 of an Independence share for every one Sirius share held, along with a cash consideration of 52c a share. The takeover offer valued Sirius at around A$1.8-billion.

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So, let us think about this for a moment:

(1) 2016-2017-2018 takeoff agreement with Sirius with 3 parties. The Sirius nickel is of similar grade and Qty to Noront's eagles nest ...

(2) I love the statement: "Nova is not expected to come into production until late 2016, and the fact that 100 per cent of production for the first three years has already been sold amid a weak nickel market is a tribute to the expected high quality of the Sirius concentrate." May I remind you..the same high level as seen at Noront's eagle's nest

(3) Why a 3 year deal???WHy not a 4 year or 5 year or 7 year deal???...Unless....you've made a deal with someone else after 2018......like the folks ...that when in operation.. will be the lowest cost nickel producer in the world ...

(4) And the corporate presentation disappears off the Noront site...the one showing Sirius....hmmm

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It's interesting Noront got a former senior VP of Barrick on board. The former legal counsel and 20 year veteran of Barrick.

Here's an interesting story below from 2014....

http://www.theglobeandmail.com/report-on-business/peter-munk-a-mining-magnate-nears-the-end-of-his-golden-reign/article17502857/?page=all

Interesting to read the following from the article: My favourite parts

"Indeed, Mr. Munk is worried about Barrick’s future. A couple of years ago, before Mr. Thornton, a former Goldman Sachs president, joined the Barrick board, he and Ivan Glasenberg, CEO of Glencore International (now Glencore Xstrata), talked about merging their companies. Mr. Munk’s idea was to create a fully diversified multinational that could withstand the jarring ups and downs of the commodities cycle.

If that had happened, the world’s biggest gold mining company and the world’s biggest commodities trader would have formed a global resources giant to rival BHP Billiton and Rio Tinto, with a market value (based on today’s values) of about $67-billion (U.S.). “It would have been a perfect combination,” Mr. Munk says."....

"Mr. Munk claims a merged Barrick-Glencore would have kept its Canadian identity even if Mr. Glasenberg became the boss. The trading division would have been headquartered in Switzerland, the mining in Toronto (the hometown of Mr. Glasenberg’s wife). However, the merger idea never made it beyond the offices of Mr. Munk and Mr. Glasenberg. Mr. Munk says gold “didn’t fit into the trading pattern” of Glencore, which uses ships and warehouses to trade coal and other bulk commodities. “It’s also not easy to get two cultures together and there would have been a great amount of resistance from my shareholders, to switch them when there was a runup on the gold price. It would be very difficult [for them to contemplate] that the future cannot be in gold alone,” he says.

But Mr. Munk got a sort of consolation prize in the form of John Thornton, who shares his ideas that Barrick should become bigger and more diversified. “Operating under the Canadian flag is a huge competitive advantage,” Mr. Thornton says in phone interview. “The priority is to be the world’s leading gold company and to be the leading, or a leading, copper company.”

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So now Mr. Munk has been replaced by John Thornton....a former CEO of Goldman Sachs..

And John Thornton is ...

A director of China Investment corp...

Remember McGuinty went to see China in 2010 for the purposes of Chromite...and met with folks like CITIC.....

Weeks later China Investment corp opened up their 1st North American headquarters in Toronto.

And I'm sure John Thornton...knows the folks at Baosteel...

John Thornton is also professor and director of the global leadership program at the Tsinghua University School of Economics and Management in Beijing and holds several other senior positions on Chinese affairs

http://www.acga-asia.org/public/files/Draft%20Agenda%20-%20Conf%20in%20April%202010%20in%20SHA%20(Eng)%204-3-2010.pdf

Afternoon Sessions- Marble Hall

1. Tong Daochi, Director General, Department of International Cooperation, CSRC*
2. Xiao Geng, Director, Brookings-Tsinghua Center; Senior Fellow, Foreign Policy, Global Economy and Development, John L. Thornton China Center*
3. Jasson Han, Partner, Weil ,Gotshal & Manges, Hong Kong & Beijing
4. Xu Lejiang, Chairman, Baosteel Group Corporation and Baoshan Iron & Steel Co. Ltd.
5. Mary Ma, Managing Director, TPG Capital Limited*

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I notice TPG Capital among the Baosteel, John Thornton ..crowd.

TPG Capital also contributed money to Mick Davis X2 Company (500 million).