With all due respect back at you cupcake, I am not arguing a point so much as pointing out that Wyloo is trying their best to make this a continuation, rather than a buyout. I too want to see the money. But not what they're offering. Although, like you've said yourself, the thought of another Fortescue moment would be most welcomed. However, I am coming the the realisation that I would much rather see a bidding war then to deal with what appears to be the best offer so far, which involves trusting Andrew Forrest's track record. I did not expect things to be held up like this over due diligence issues between Noront and Wyloo. You would have thought Wyloo knew what they were getting into from day one as well as the extent of Noront's assays and financial records.  Again, with Wyloo this appears to be more like an agreement to hold assets in trust than an offer, because no one in the right mind is going to exit @ .70/share.

Could it be the new FS that they are going over with the BOD that has brought about the delay?

TM.