I'm surprised that others are so surprised at market response. This is standard fare for NOT. Others have duly noted that the market is still looking for NI and tonnage. It is my supposition that it will take a major to lead the pack. I think the sp may start to travel upward over the next while but it will take tonnage and "Major" interest to give the investment community the courage to spend money on NOT..... at least I believe this to be a solid portion of the equation.
In addition, someone mentions that we've got 15-20+ m tons based on what unknown individuals say, or some such number, and suddenly it's being used as a bench mark to calculate the sp. We haven't proven 15m yet (though I expect there is a lot more than that in them there bogs) so while people work themselves into a lather the market politely yawns while investors can't figure out why. So at the end of the day I ask myself, what do I know? We have more Cr and the optimist in me, based on the span of the finds, says there is likely to be a deposit of huge proportion. I'm content with that assumption and will have to wait for real numbers from those capable of providing them. Simply my opinion.