I think maybe it's a good time to acknowledge that if there is going to be funding for the ROF, there's a good chance that it will be announced by October 19th. And the dog days of summer aren't a great time to make an announcement, but September is only a few weeks away. Noront's SP is probably at an attractively low price right now. It's probably not a bad bet to park some money here for the next two months, in hoping of infrastructure funding being announced.

While I wouldn't be so foolhardy to suggest a low, I will suggest that we're probably around a short-term cyclical low right now, although if funding isn't announced before the federal election, the SP can certainly drop further once again.