HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Glencore or Vale - who's the second interested company? BHP Canadian iron ore infrastructure?

I don't know what you mean by 'fall through' but Noront doesn't have to pay BHP if BHP can't get the shares/votes it needs for the takeover. If Noront accepts another bid, then there's a cash termination payment of $13 million:

The Company is obligated to pay the Offeror a cash termination payment (the "Termination Payment") in an amount equal to $13.0 million upon the occurrence of any of the following events:

https://norontresources.com/wp-content/uploads/2021/08/2021-Noront-Directors-Circular-English.pdf

 

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