"obviously they feel KWG will, on their claims, end up with some piece of the action which will be worth far more than the few million bucks tossed in over the next few years to take down the option".

This is wrong. Obviously they are not willing to spend anything (150k??) at this time. This is nothing. I would probably personnally be prepared to spend that kind of money and more to have an option to purchase shares at a fixed price for 5 years in the ROF. Everyone is grasping at straws to be able to say a major is entering the game. We're talking about 150k here. The trades on NOT so far this morning exceed 500k. Let's put things in perspective.

I could be entirely wrong, and this is only a short term thing and they will pony up the 3.5mill to take up the option very soon, but until they do I will remain critical.

Regards

K