With 307M shares outstanding I'd clearly would not accept a price of $1.45 per share (~$460M valuation) for this once in a lifetime resource/opportunity.
Imho there should be a much higher valuation achievable (and in order price).
Think Diamond Fields/Voisey Bay over 22 years ago - factor in the worth of money, inflation and buying power of today compared to the blue sky resource potential (currently 60B - other sources believe a multiple of that) and I am seeing a very different picture - especially the longer the story NOW has time to evolve and build itself.
NOT.V can now finally become the story stock I was hoping for so long.
In retrospect:
Diamond Fields was taken out for $4.5 Billion (in 1995!!!) in a bidding war; The potential for NOT.V respectively the ROF is much larger - even if the infrastructure challenges are also that.
A short reminder - Voisey Bay added about 20.4B to the GDP of the region - what's the ROF's potential?
http://www.visualcapitalist.com/the-story-of-voiseys-bay-the-discovery-1-of-3/
http://www.visualcapitalist.com/the-story-of-voiseys-bay-the-auction-part-2-of-3/
http://www.visualcapitalist.com/the-story-of-voiseys-bay-todays-mine-part-3-of-3/