why is sfx worth 0.035 (adjusted) ... ?

Having checked SFX (Sheffield Resources) I wonder why their SP is currently worth $0.55 cents (or $0.03 - $0.035 as adjusted to shares issued compared to MZI)?

They are still drilling their Thunderbird tenement;
They do not have any offtakers yet;
They do not have any finance;
They do not have any idea of volume yet;
Not expected to produce until 2016, all going well;
No mining approvals in place, either

So, whats the fuss all about?

MZI has all in place, except 50% finance pending and the market is pounding it ....

Go figure ...