Why does this feel like the "run on the bank" scene from It's a Wonderful Life?  Potter will pay $0.50 on the dollar for your shares!

https://m.youtube.com/watch?v=iPkJH6BT7dM

More like half a cent on the dollar...

We seem to be very important to the success of this offer. For us to receive calls directly (how DID they get our numbers?) and to use the language they are using appears desperate and full on fear mongering.

This deal is more about them locking up our shares into November and collectively removing the retail market from ownership. Much is vague in this 75+ page circular. 

This says it all to me - on the first page, "this offer has not been approved or disapproved by any securities regulatory authority...".  It sure feels like they'll take the shares and reap all of the rewards. 

I won't be handing over my shares anytime soon.  I'll think about it when the government chimes in with concrete direction on infrastructure and we get to see the valuation for ourselves. $4-$7 sounds good to me for all that lays under Noront.