As many pointed out, the share price of Norant will only fly when the assays results coming out are good .

This tranche of 6% increase of floatation ,with Cad 27 million extra may push the company to at least few months ahead of original program.

Together with more than 10 JVs signed or will be signed, this year in DE ,related with NOT ,the expediture on drillings will easily exceed cad 20 millions.

a lot of assays results...and we now have enough money to complete a fast as possible..

In addition, we need at least 8 million for windfall, a few mil for moly project or a few million for the additional land and drillings in China..

we may be upset of this sudden event but after analysing again,I come to the conclusion that it may quicken the drillings few months earlier and in a long run we may benifit more.

Hope that we will not need another placement till the share price goes up to xx.xx dollars.