Noront Resources Ltd. NOSOF

RE:RE:Sedar - Material change reports and Other Oct 21

[wheelsonthebuss]

Using the 4% termination fee rule, Wlyoo's proposed loan would be enough to cover a $23M termination fee - or a bid of ~$1.03 (based on 563M shares).

563M * 1.03 * 4% = $23M.

So Monday, Wyloo comes in at $0.98, and then Tuesday BHP shoots Twiggy another nickel. :-)

Hobbit

Thanks Hobbit - O YAYA  GO NOT GO