"The distinct stages (sometimes called “phases”) of the mining project are described here. Impacts and benefits from a project can vary significantly from one stage to another. Only if people know exactly when one stage ends and another begins (and the “grey” areas of transition in between) will they know when to expect different opportunities to kick in".

This statement I obtained from the following link: http://www.sdsg.org/wp-content/uploads/2011/06/AboriginalMiningGuide_online_complete_0.pdf, which poses the question of whether our agreements will be all encompassing to include not only the Eagles Nest, but also go so far as to extend to the other claims that Noront has, especially those recently acquired from Cliffs. OR Does Noront approach this from a claim by claim basis, instead of allowing one master agreement to dictate how all subsequent mines are to be treated in respect to revenue sharing, especially when one takes into consideration future market conditions, and whatever else should come into play either for or against either party. Not knowing much about protocol or the norm here I thought this might either shorten the IBA process (EN first), or in the case of all encompassing agreement, lengthen the time it will take to find the mutually beneficial ground for both to stand on.

TM.