And if seller was holder or follower of NOT, this posted on the NOT agora site yesterday..

"Greg Rivelly, Noront COO and CFO, returned my two week old call to Alan Coutts on Friday, Dec 19th It was my first call with Greg and was not prepared with my usual questions. I purposely did not post the conversation because it was a bit of a downer, and it was Xmas. In summary, there will be no winter road,drilling or anything like that, including a CLF land buy, (which KWG will never be considered due to KWGs lack of above water land to enable drilling its chromite. Only NOT has this land drilling platform ability, not mention the financing ability. Banks are waiting for government derisking with FN, infastructure, energy, and permits. The de risking will take 6-9 more months of negotiations. Gravelle and Coutts, and other ON ministers have met frequently, and are cooperating to help the Feds who are heavily involved, and supportive (Rickford) The revised FS has a mine operation start date of calendar q1/18 as a result. This will happen , but a year delay due to permits/EA/FN, plus ontario getting their Devco act together, per Rickfords published "advice" to Wynne. ON totally unprepared, and all prior proud cements were 100% election BS,. Reveilly said every effort by NOT would be to make nice, and feed info to Gravelle, etc so as not to embarrass the Liberals. Please do not post this info, it wouldn't change anything and I think the fed election will trigger something in the early fall 2015. But it will happen. Happy New Year and regards, peter."

Add the two posts together and it looks like there will be some time before any progress is seen in the ROF. Dead money...maybe thinking is sell some now and revisit in 6 months.