"The Company expects a formal commitment from the provincial government in late 2016 once the First Nations’ study is completed"
the aforementioned MD and A sentiment was reiterated by Alan Coutts during his recent BNN interview less than two weeks ago (advance to 04:00 minute mark):
http://bloombergtv.ca/2016-08-09/news/industries/mining/noront-resources-increases-bet-on-ring-of-fire/
I do believe that nervous NOT investors may need some hand-holding , and that a formal response will be forthcoming, if only to clarify whether it has in fact reviewed the report, and as to what consultation processes are ongoing (it could very well put out a very generic/vague release devoid of details- one that merely indicates that Noront " continues to advocate for the shared East-West corridor")