My responses would be as follows:
- Hostile take over: Quite possible, but the price will be a determing factors. Something north of $0.30 would persuade some of us to take notice. There is one catch, unless CLF has a partner it alone given the state it's in it is doubful that CLF wants to sink more money in the RoF.
As I understand.....if Cliffs moves in on a hostile takeover....there must be a new evaluation of KWG's assets, that is because Cliffs owns at least 19% of the kWG shares....so I see much more KWG value...30 cents a good starting point.....double the 30 to 60 cents..