RE:NML RTOI strongly agree with you. I do value James opinion but on this I differ. I have held NML close to a decade - from 2011 - my single major loss. Have added on the drops still way off on average price. Held on the belief that this is a gold mine but just sitting on assets and particularly since they are kind of cash flow neutral and can incubate till the ripe time. This is a shitty offer as far I see. I will be saying no. Hope the major stake holders also say no to this deal. We are giving a prospective gold mine for nothing. As Warren Buffet says, patience is the key to success. Next year will see a huge infrastructure spending and iron ore prices will go up. Iron is the key for any infrastructure. Fortunately, though it is a cheap metal, this single metal is a part of our life in what ever way you see. Gold is a garbage metal – just pricey as it is not abundant. A Squeeze on iron will make it shoot up more than oil. Iron remains a hidden component in the market as there is no cartel like that for OIL. Fundamental rise on iron prices will make NML holding one of the best iron ore sources in the world one of the best take over candidates. This is basically my logic with study of no numbers – we are giving our holding to a vulture venture capitalist for a garbage deal. Since I follow James posts to close to a decade quite closely (he has provided huge value to this board on a voluntary level, which I hugely appreciate and have always thanked him for his efforts), he got out totally at around $0.18 and got in at around $0.05. These are numbers he had posted (thanks for the honesty which this industry never has). So on his point, he has a short term benefit with respect to this deal. Sorry James for this evaluation based on my view as a lay person. As a lay person, I believe that we have a cash flow neutral company sitting on one of the best iron ore reserves in the world which is being proposed to be sold for a song. The promoters of the venture capitalist firms may have great track records but it does not mean this sketchy firm with much more poorer financial standing than NML (particularly in this economic situation were cash is king) will create any great meaningful value. I will be voting no. It is simply a shitty deal and I see no logic to say yes.