Tronox Inc. (TROX)

[Madclown]

I agree it is fantastic news. It is the strongest language we've seen from the Company regarding its shareholders. They stop short of coming right out and declaring an equity distribution but in my mind, the language is strong enough to support my assertion that the downside risk is at or above where the stock currently trades.

I think all involved know that the company can be strong as a standalone company once all of the poison is cleaned up that Kerr McGeee jammed into the balance sheet. In looking at Huntsman's bullish comments on the TiO2 segment and Tronox's recent EBITDA numbers from the MORs the outlook certainly looks positive, going forward.