Spot,
It has been said that Noront may be interested in Matawa being a 10% owner in Noront. Surely they do not want to be invested in a company worth zero. But with 10% divided among Matawa, according to their jurisdictional position in relation to the Ring of Fire, would give them all skin in the game. Theoretically, this would make them all reluctant to see progress move slowly, or halted. We know we have factors that are holding our stock down. Many of which are showing slow, but active, resolution. Matawa has said before that they are not adverse to exploration, or responsible development on their lands. But they will not tolerate being disrespected, or stepped over.
A 50/50 share of any profits is unreasonable. Not even RCF are expecting this much. But making them a substantial owner in Noront is doable, and necessary to see progress and continued success without obstructions.
Our stock is only worth the amount of derisking that can be assured, and Matawa is a huge part of that derisking. If they put up the money to become partners, however that happens, then I wish them, and us, the utmost success in opening the Ring of Fire. The ball is in their court. It's up to them to figure out who their star players are, and how much they will get paid; their problem, not ours.
Then all us sideline investors will get paid as well, once the game starts.
TM.