Cleveland Cliffs Inc (CLF)

[KennyPro]

Lourenco will not be denied. The Governor is on their side also.

"Cliffs presented an all-cash offer of $75 million dollars, which we believe represents a realistic value for the assets," said CEO Lourenco Goncalves in the statement, "Such concrete indication of interest stands in contrast with the plans put forth by both Mesabi Metallics and Chippewa, which are loaded with assumptions, conditions, contingencies, smoke and mirrors. The Iron Range people have heard this story before."

It'd be a great asset and feather in CLF's hat to win out here. I believe they will in the end.