Good morning all. For those having trouble keeping up with the latest developments, here are the one's I am aware of. Please advise if I'm missing something.
First we get NOT's 43-101 on the BB1 & BB2 chrome....the highlight; 500 million/yr revenue for at least 15 years with ample opportunity for expansion
Then we get an article suggesting that if Cliffs wins the day, they have some other major in the background as a partner in the development of the chromite.
THEN....at about 1:00 am, we get an increase in Cliffs offer....looks like a share offer with potential for a cash offer if NOT accumulates at least 12.5% of the shares (that's my interpretation anyways). It also seems they too are removing the condition of a 2/3 vote and will take all shares tendered (again, my interpretation).
Now, this morning....we get results from AT-12...showing some potential there...not great yet, but the potential for great
Then, again this morning.....we get updated assay results from eagle's nest....the highlights being the expansion of the deposit at depth for over 100 meters...with potential to add another 1 million to 1.5 million tons. Also, some great PT and PD numbers over a 1.5 meter section with more PT and PD results pending.
It's going to be quite the morning....good luck to all holders of ROF shares
