JD: a question and a comment.

- How can you assume that Cliffs is involved tru Ravensden? ... and is holding 7%+ of SPQ??????? Wow!?!

- The last events involving FWR should have teach you that a "super majority" is easy to obtain in a takeover situation, despite the "super-willingness" of the detail shareholders. And, this, as "puny" an offer can be...

That said, I see the last pp, involving private investors (including the King of Hostile Takeovers, Mr Vic Alboini), as more a flashing red light, than this business-as-usual Ravensden move. Just my opinion, as humble as it can be!

GLTA.

BB.

(Oups: 3-0 for the Flyers...)