NOT questions
posted on
Nov 01, 2011 12:54PM
Please update me. Have news releases or conversations with Wes informed us if Noront has an overall game-plan for chromite? All CEO's need to bluff production, though a sale is the objective. CHM is an example. Mac had a pre-negotiated sell game-plan with Cliffs which turned him onto chromite while everyone else had nickel fever. Similarly, does Wes have a sell game plan with Cliffs or production in mind? If sale, would there be an offer number he'd expect us to accept and reject all lower numbers? I feel all CEOs need precautionsry communication of this number to the large shareholders should a lowball offer occur. If production is intended, have conversations or previous news releases proffered a timeline?
Thank you, -sg