Agoracom: Small Cap Investment - Noront Resources - Re: Noront and Wyloo Metals Amend Arrangement Agreement Following Regulatory Review

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Noront and Wyloo Metals Amend Arrangement Agreement Following Regulatory Review

remedy

Feb 03, 2022 09:57AM

Hobbit

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Re: Noront and Wyloo Metals Amend Arrangement Agreement Following Regulatory Review

in response to

Noront and Wyloo Metals Amend Arrangement Agreement Following Regulatory Review

remedy

posted on Feb 03, 2022 10:32AM

So now Wyloo's true colours are starting to be revealed.

In effect they are taking away one of the important advantages they themselves highlighted as being a benefit of their offer over BHP's - the option to ride along with them in the development of the ROF.

I'm guessing they figured out that BHP, BaoSteel and their friends together own enough share to prevent Wyloo from getting the 90% they need to take NOT private.

Add this to the loan dilution scheme and it's clear Wyloo is a wolf in sheep's clothing.

Come on BHP, don't let Wyloo steal this mining district with their underhanded games!

GLTA,

Hobbit

7 Recommendations

Re: Noront and Wyloo Metals Amend Arrangement Agreement Following Regulatory Review

Stung

Feb 03, 2022 10:39AM

Re: Noront and Wyloo Metals Amend Arrangement Agreement Following Regulatory Review

fahrenheit451

Feb 03, 2022 02:41PM

Re: Noront and Wyloo Metals Amend Arrangement Agreement Following Regulatory Review