Smells a lot like UBS working the sidelines. "You can have 19.9%...

Smells a lot like UBS working the sidelines. "You can have 19.9% for $1.25, then if you want the rest it is open season after the fes"?

Wonder if we will get a takeover offer after the feas? Anyone else care to speculate?

Seems to me that a Chinese entity has been able to waltz in and take the largest single stake in a prominent Fe junior with an absolute minimum of fuss. SP has not moved. Wah Nam now has more voting power than Norgard. There must be a larger agenda at work here.