We have a delema here... Dave is trying to drive value through the drill stem and this is terrific.

It would be a shame if Cliffs were to come in and make a stink bid for the whole company.... but I doubt this will happen. It sounds to me that things are as Rosehill mentioned. Hopefully Cliffs offers to buy our chromite for the established rate they paid for FWR and SPQ.

Now on the other hand if Cliffs were to make an offer for the whole company I think we would have a situation similar to FWR where they low balled it and subsequently raised their offer several times... meeting expectations of the market. That would likely be a multiple of todays trading price. That would be unfortunate as the potential value of the remaining assets would be very undervalued.

I think Dave is on very good terms with Cliffs though, and likely a friendly deal to monitize the chromite is in the works... JMHO

We just need to be patient.