Deep Pockets must be behind this deal. For how much Money actually CLF bought BD and BT, just think about that, it is round $300 Millions, so some Big company like Glencore or Thyssenkrupp must be behind. For CLF will be good to sell those properties and then to sell shares from KWG at much higher prices, could be round 20 Cents. For short term is good win for CLF but long term we all know that this Chromite properties worth round $50 Billions so it is great deal for Big enough Companies for years to come(like Thyssenkrupp). We should all be tahnkfull to Casblanca to finally get this deal done and move on to new levels. As Frank said that our sp is not showing the real value of KWG. Yes, this is what are we waiting for, hopefully after resumption we will never see sp under 10 Cents any more...
GLTA