Just a thought, but what I would like to see tomorrow after the close is a NR from KWG stating they decided to go ahead with Cormack formal valuation, and that it has been finalized through KWG financing it.
They will continue in that same NR stating the valuation came in at 25 cents per share(or maybe more), and that makes the proposed amalgamation with SPQ share swap of 1.21 shares to one value SPQ at 30 cents.
Cliffs will then have to come back with a 30 cent + offer before July 8th...
Here's hoping...
Kevlude