Well, in fact the NOT board knows a lot more on the Eagle Nests than any of the others, so the preemptive move on FWR may well be at the very right timing so to say, and for FWR shareholders a 4 to 1 share deal is more than nice at current NOT SP, FWR will be taken at their highest level ever, should be a wonderful deal for the FWR shareholders, depending on drill results upcoming.
It is clear that the Main Shareholders (institutions account for more than 50% of stake in NOT) will have given green light in advance. The BOD will not be doing this just on its own, The overlap in institutions invested in both FWR and NOT are therefore expected to go along the now set path.
It's the best we've heard since 1b and 1c lenses, as sure as things can be. Confidence is the message of Wes, and I must say, he is doing a heck of a job.