Yeah....I think those estimates are a little soft ITR. Noront only needs enough money to survive till pay day. The road might seem long to get there, but rest assured it is being built behind the scenes at the boardroom level. An asset such as Noront's goes deeper than you think, IMO...And I am not just talking about the depth underground to the goods, but the overall importance to North America. Both our friends to the South, North (Indigenous), as well as in Europe are eager to see this happen. But to create the ESG behind it takes time. Take a look at South Africa...and you'll see they don't have what it takes to comply with the new standard that is coming, which means other more globally responsible sources are being sought...The Ring's chrome alone will be of National Significance and Security to future technologies here and abroad. The rest is icing on the cake, which is the first sweet thing we'll be tasting when the time comes.

Right now keep your eyes to the west....East / West road that is...Something tells me the punch will come from this direction...

https://www.newswire.ca/news-releases/government-of-canada-provides-additional-funding-to-invest-in-trade-corridor-projects-863387965.html

Today, the Minister of Transport, the Honourable Omar Alghabra, announced that the National Trade Corridors Fund has officially received additional funding of $1.9 billion and that projects can now be financed. Applications are now being accepted and assessed under the fund's continuous call for proposals.

The fund ensures that Canada's transportation system is well-positioned to attract further private-sector investment; reduce barriers to trade; help businesses grow, create jobs, and remain competitive through the pandemic recovery period. In addition, the fund builds long-term resilience, and addresses urgent transportation needs in the Arctic and Northern regions by ensuring that at least 15 percent of the renewed funding is strictly dedicated to this region.

Transport Canada delivers the National Trade Corridors Fund, which supports improvements to Canada's roads, rail, air and marine shipping routes to foster domestic and international trade.....

TM.