Share price still has legs and can run. In some ways I'd almost like to see steady increase to around $3.75 before news release. Why, because progress has been more than good on DE 1 and the market will recognize that and push us up nicely over $4, maybe $4.75.
BUT if we run up fast to $4.75 tomorrow then we'll see a sell off on the news instead of deserved increase in price. Always seems to happen if news comes after a good run up.
Al on McFaulds Lake forum did another look at value per tonne of Noront including guess at Rhodium value. Even using a 10% in situ valuation it indicates a fair share price well over $4 and that's pretty conservative. 10% might be all the market will value Noront for but you can be certain that when a sale is made to a major that sale will be made at better than 20% of metal value per ton.