Hi Glorieux and Poly, thanks for you responses.

both of you are correct that to determine SP value we do need the 43-101 which should be delivered soon. What I like about Glorieux's explanation however, is that we are unvalued at current market prices and I was attempting to put what we believe a value for NOT should be based on what we currently know. (ie. BMK presentation value DE1 @ 4.3B) If as poly has suggest determining NOT's value has to may "if's" attached to determining a value then so be it and we wait for the 43-101 to come out. I can wait was just courious as to value.

Regarding whether or not we have enought tonnage to justify a mine I do remember reading from someone on this board that they heard at the recent PDAC that there was indeed enought tonnage to justify a mine in DE1 alone. I also like reading Glorieux's comments on Prof. Mungar on DE2 and cannot wait for assays from it. I cannot help but wonder if this is a possible explanation for the delay in the 43-101 as it could add significant tonnage to determining the value of NOT.

Thanks for responding and looking forward to much higher values in NOT.