Hard to say, but maybe Peter is the smart one by doing nothing. The SP has languished since Eagle1 seemed to be limited in size. They have now found (nickel?)at 945m. If there is 60+m width near surface, It could well result that it is a lot wider further down (they essentially drilled down what they think is the keel of the funnel).

Last indications from FNC was that they have an indication of something down below 500m. Given the proximity, maybe they are both talking about the same orebody. Why spend the money (and dilution) at this point. Why now just let NOT do as they did before. When NOT goes back to 7.00, FNC can return to it's high of 3.00 on hype alone. Works for me.

Regards

K