<<< Almost 10MM$ fresh exploration money, at a 35% premium over market price is not so bad a thing to cope with while we wait for iron news! >>>

Actually, only that 1.1MM$ (non-FT shares) is at a premium. The rest, when you take into consideration the tax benefits that come with the shares, are about at par at the current share price. Hence why we trade in the low .50's.

Just like NOT. The $1.25 FT shares of NOT had an after-tax equivalent value of around .85, which is exactly where NOT shares dropped to, and then some.