This LP appears to be raising funds to......

OPPORTUNITY:
The Ring of Fire is a developing chromium rich mining area
in Ontario with economic comparisons to Alberta’s oil sands.
SOLUTION:
Ring of Fire Limited Partnership raising $50 million.
Fund Drilling of Black Horse deposit to move toward production by
beginning feasibility study.
Ferro Asset-Backed Cryptocurrency
(Initial Coin Offering).

So in essence it seems this new venture could put KWG's chromite into production without further dilution of regular KWG shares?

The benefit if investing in the new LP seems to be....a tax write off and some kind of mutual fund or ferro which in essence would be collected from Noront who would be using KWG's rail?

100% of the subscription amount will incur partnership costs (for exploration
drilling, management and sales commission costs, and the ferro cryptocurrency
development) that may be deducted from the investor’s income from other
sources in 2018.
● In 2018, the LP will rollover into a qualifying mutual fund or the investor may then
exercise an option to exchange LP units for Ferros at FMV.
● Ferros will first be issued in an early 2018 initial coin offering. Upon future
production of chrome at the Ring of Fire, each Ferro will be back by $1 dollar’s
worth of warehoused chrome collected as a 3% toll from shipments from
KWG’s proposed railroad to the Ring of Fire.

It seems to me that KWG could sell its chromite assets to somebody and continue the ROF LP on indefinitely?

I find all this incredibly confusing so if anyone can clarify further I would appreciate it.  It would seem prudent for KWG to issue a NR to explain all this and how it affects current KWG shareholders who have stuck it out to date.

Ringer