To cb2go, cc Tin man.
1. The $7 price was a hypothetical, never actioned, Noront Price per share Price released only by Wyloo, for purely self interest marketing self interest, ....and scaring BHP away.
2. My yesterday post, (below), with { }* indication, states that Ontario tax and (BHP future) revenues should be built into the purchace of my proposed ON provincial 5-9% Noront ownership on behalf of all Ontario taxpayers.
3. Please recall my two month ago?? Noront forecast sale price acceptance range forecast of $10-14/NOT share, if Ontario invested; ...built the Rof Fire road to mine entance; completed and executed all outstanding ES approvals. With successful achievement of BHP conrol of a minimum 51% $10/ share, prorated up to $14/share when 67% cotrol is achieved.
4. The Ford led ( Ontario bargaining chip to BHP), would include:- accelerated tax incentives, immediate, and over a earliest contracted fixed mine poduction/ taxable revenue dates. Tax reductions permanent worker housing/water facilities and transportation; underground small nulear power ( Hydro Ontrio?) use would be also be incentified, including capital investment by BHP -required mining industry mine build partners, over the entire production life of Noront ( and its current to future claim developmen(s).
5. Ontario would quarantee and pay for asap roads to the mine opening ($1.4B??as part of this agreement with BHP/Ontario, with costs written off over the production life of Noronts mine(s).
reference, below:
I'm wating for the Premier Ford pre- election annoucements, prior to the Jan 14/2020 final Noront bid date.
{Special NOT share price for forecasted ON (5-9% ownership) in return for an earlier start/ completion/ authotizations/ tax & income revenue}*
Hoping this makes some sence, and Ford/ advisors read this. Peter