is that it is not necessarily about the chromite. Although the addition of a lot more chromite and PGE's is of course a benefit. But NOT has the bulk of land postioned around this bottom stretch of the ROF, and as you follow the ROF along NOT and up through FWR it goes right back into a whole lot of NOT land staying on the line as it goes north. The first thing we see above FWR on NOT land is AT12 with its revitalized interest by the drills. This is a land play and we need this piece of puzzle. A long time ago even Richard Nemis stated this whole area play needs to end up consolidated by 80% to attract a viable major. This is the beginning of this process, whether NOT takes out FWR, or Cliff's takes out FWR we are going to have our day in a bidding war. We are bigger than FWR, Cliff's is bigger than NOT, how many are bigger than them all? Only my thoughts and the gut feeling that guides my take on the buyout picture.

Regards Jay