The off-take offer is set: Baosteel will be the first one to sign, expect February 2018, SP will gain little less than a dollar, a treat for Baosteel at same instance. Next, the take over of KWG by NOT, SP will drop a cent or two. March, financing, SP will gain towards 2 dollar. Time for Glencore and Vale to think about a joint venture for the next Sudbury is limited. The other scenario is NOT for a third, Glencore and Vale putting in 600 million each for their stake of a third. Limited to the Chromite and Eagle's Nest. Noront will stay on as a junior for the rest of the ROF for sake of the Forum, the slow pace is now fast pace.... Shareholders will end up with 3.50 plus one third of the Newco and in possession of the RoROF, rest of the ROF.