I understand the game that you gents have described but am I correct in that Cliffs could simply make an offer when and as they choose? The market will react to an offer regardless of the rules in the amalgamation agreement or any shareholders rights arrangement? My take on this is simply that Neil and the BOD are the ones who have their hands tied in respect the 5 day grace period to KWG.
What if there is no counter from KWG? Could they be thinking that the Canada Chrome assets are enough to bring Cliffs back to the table?
Was this all a stage production between Cliffs and KWG to get Spider out of the picture? Frustrate Neil, mix in some theatrics and here we are at .165 cents.
When you say things will be interesting tomorrow, I can't help but agree.
I just checked Sedar for both companies and nothing new for either.
Good luck folks. Check your Crystal Ball.
JMHO
A