Why worried?

that break-up could leave you with shares in 3 companies-diamond assts, transportation, and another exploration company with royalties to find other claims and carry on well funded.

The break up value was hinted at in the opinion of value set out during the option to buy from Cliffs. It all looked decent at that time.

The upcomming feasability study results of the rail line will add punch to (or deflate) the value

IMO