Again...This BOD has to be very careful. Much of what they are doing, or NOT doing, is starting to look highly suspicious IMO. To accept these third party determinations of the company's value so readily knowing that they contain inaccuracies, or fall short of full disclosure, may make one think they are being willfully manipulated by these suitors. Especially by BHP, who unlike Wyloo, has the direct intention of downplaying the value of Noront's Ring of Fire assets. The Noront BOD must stay impartial to either suitors claims of immense worth or over estimated value; Good cop vs Bad cop.
Right now our BOD appears weak. I hope this is just an act where they are just listening behind a strong position. A position where the overwhelming facts, the value of our assets, and a market desperate for what we have speaks for itself. The longer this bidding goes on the more valuable we will become. The news daily about commodity shortages, the rising demand for EVs, conflicts with China, and the new scientific discoveries about climate change are accelerating the call for action. Dr. Forrest, for one, is a man that knows time is of the essence and failure to act now has consequences. This bidding cannot take forever, but at the same time keeping shareholders in the dark is not the answer to any of this when so much hinges in the balance.
Stop trying to discount the Ring of Fire...Because IMO without it North America will suffer.
TM.