I asked this early on the Fwr board, still waiting Old Joe for your reply!!!

I enjoyed your post, Old Joe, & I was just wondering your opinion on if Not waive this condition and take up any or all received, & Proceed with a minority Takeover"

How many shares do you think will, or already been Tendered ?

Please take your time to read the Next 2 paragraphs!!

One of the conditions of the offer is 66 2/3 % of FWR shares must be tendered. Not has the right to refuse to take up any unless 66 2/3% are tendered, but NOT can waive this condition and take up any or all received, and proceed with a minority takeover.

Noront Offer to Purchase Oct 13, 2009
pg 16

Conditions of the Offer
Noront reserves the right to withdraw or terminate the Offer and not take up or pay for any Common Shares deposited under the Offer unless the conditions described under "Conditions of the Offer" in Section 4 of the Offer to Purchase are satisfied or waived by Noront at or prior to the Expiry Time.

Do you still think they will just Walk away? Thanks in advance , looking forwrd to your Expert opinion!!