Must admit that I've always been of the opinion that stock splits are signs of strength whereas reverse splits are showing a company's weakness. The only reason for doing a r/s I can think of is being absolutely certain that CLF's hostile takeover bid is only a matter of time. Apparently there are not too many interested parties, otherwise a r/s wouldn't be necessary after the NI43-101.

I think it would be nice to hear what NN's long term view is for SPQ, what the odds are of a hostile takeover bid and what his ideal scenario for the future would be. Surely with such massive chromite mineralisation in a stable geopolitical environment finding interested parties should be a piece of cake if you have a strong network in the industry...