Pricing or Value.

Most of our assumptions are subjective on this issue and this is a mixture of positives and negatives.

Why would we use the FWR deal as a benchmark? It is the only other deal of consequence in the ROF, but is it a good reference?

Is it not too early to sell?

We don’t know yet how much the Ont. & Fed. Gov’ts. are willing to support this project. This alone could change the economics and the timing of projects in the ROF.

We are contemplating selling an asset with an undetermined value. Smart?

Haven’t seen the 43-101 that we helped pay for.

Drilling is incomplete.

What is the projection for the Chromium market moving forward?

Lets put up the “NOT FOR SALE” sign.

Finish our work here and then market this on our terms into a strong market. Not on someone else’s terms when the market is mixed or seen as under pressure.

If someone still wants it badly enough they will present us a premium that reflects this desire.

A