The pending DFS should have had effect on the SP months earlier than the "Christmas Departure Rise ". The consistent interest since then has to have resulted from other factors because the DFS can be assumed to be positive given what already is known. Therefore the SP rise is more likely to be related to securing funding for the project. A good funding package on the back of the DFS is far more signifiacnt to the market than just the release of a DFS.
I am hoping this is the case and it will largely debt funding and big enough to support parallel development of Trilogy and Kundip as well as funds for cranking up exploration drilling of Railway, No Tree Hill and extensions at Kundip. Steve was pushing for a more conservative staged develoment which was sound but less exciting for investors.
The pending DFS should have had effect on the SP months earlier...
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