that's interesting Wax.
While we twiddle our thumbs, sinking into a vacous obfuscating Smith pit, patiently waiting for communication, let's explore the possibilities:
If Noront is intending to produce, then they certainly would want FNC land, and as with the case of CLF's, why wait until after FNC SP increases. Of course, we'll be in the exact situation FWR was, where CLF and NOT will bid for FNC, and we will be asking where is that 3rd major?
Would the majority of Noront shareholders want to approve dillution before Fancamp strikes nickel? Not sure. As a FNC shareholder would we want to become NOT? Also, with the combined FNC chromite with NOT's chromite, would CLF remain content with FWR and JVs? How would another major view the NOT and FNC combination?
Assuming we have dense chromite at C-5. Looking at the size of our gravitational readings, how do we compare to NOT, FWR, and JV's chromite?
-SG