Have to admit that a major stepping into the ROF for Chromite position at this early stage surprises me a bit. It's almost certain to get the attention of analysts as well as other Majors.
What is perhaps more surprising is their picking KWG as their 'first' partner in ROF as others appear at this time to have more of the huge ore body on their claims. Even SPQ I'd have thought higher up on the list of targets. FWR has to be highest priority given their great sucess in finding large and rich chromite but just maybe they aren't yet ready to 'play ball'?
Noront still has to be the the 'cream' in ROF but also the most expensive to buy a piece of UNLESS you can accumulate shares at the current low price on the open market.
Kind of expecting a hotter market for Noront shares today and perhaps a repeat of yesterdays last minute 'buy what you can' attitude.