posted on
Oct 06, 2016 06:17AM
It is well known that the Chinese have far less patience than the median NOT shareholder, good for us. We have seen an uptick to .50 cents three times this year, mainly price manipulation to prepare for the necessary financing and related dilution. Optically this looks better when doing a PP. If one would have sold at each instance and bought back after the PP when would its stake three times in a row, makes eight times the original amount of shares....... Looks to me we are in the final stage of the holistic plan, and gradually closer to road announcement. What about Franco Nevada' loan condition, the one NOT bought Cliffs' assets with. What about Baosteel' stake and RCF ? We get to hear little, if it was not for Smeenk' wonderful videostreams we would be left in the dark entirely. Looks like NOT has no clue how to go forward, however I view the opposite is the case. NOT has elected to not consult FN for infrastructure, NOT is an exploration company without the appropriate consultation capacity towards infra for FN, let's keep it that way, it would take longer and at higher costs. In chess you call this stalemate.......... Due to the fact the financial interest pushes emotions beyond any proportion. It is all relative as things here can almost change overnight as almost all is said and done. It can propel any minute. And it would be well-deserved. I view the reinforced Chinese power as the most important catalyst at this point. They needit the most and have the financing available in multiplefold. Politically it has taken too long to not go for the Chinese solution as expected starting beginning of next year, it has been said along the road, we should embrace a Chinese solution rather than have opposed that since it is not in anybody' interest to oppose or obstruct this. Unbelievable that the Canadian cardhouse has been played overlooking the situation and contra-productive for the goal set. Someone needs to inform ALan and boardmembers to push the Chinese window of opportunity like Frank has done.