I might agree with your implication there DDZX except for one...

I might agree with your implication there DDZX except for one thing - TNG's sp is 10.5c proving to me the market considers the MOU's to be a sideshow.

TNG is a company that likes showboating, witness their 10 prospects in the NT - ludicrous for a small company with little money, but oh, how they like to bang on about it. Maybe they could make some moves next door into WA they could really make a splash there.
I think punters will be treating TNG with a lot more caution until they prove they are capable of closing on any of their 'deals' - don't you? And what about that arbitrary comment on MtPeake pushing production timeline out to 2017? Not what you'd expect from a company that has its act together, too many loose ends.... history repeating itself.