HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: We Need The Bridge Between The Elect/Not Elect To Sell And The 'New Noront' To Be Fully Explained

Re: We Need The Bridge Between The Elect/Not Elect To Sell And The 'New Noront' To Be Fully Explained

posted on Dec 21, 2021 11:34PM

So are we assuming that BHP will simply release their holdings to Wyloo for $1.10?  BHP ownership itself would keep Wyloo from getting 90%+. Without that they cannot force a minority buyout and they cannot take Noront private. I think that is exactly what Wyloo will do if they get 90+, regardless of what they tell us now.

I think 1.10 is not enough, so for the time being I plan to take my ques from what BHP does with their holdings. Lets let the players play.

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