RE: Project and Corporate Upda I believe that NML and Tata Steel are deliberately deferring the annoucement of the Taconite FS because after that they would have to make the financing (if you believe Tata will make a positive investment decision and NML is up for the additional 16% paid equity interest).
i believe they won't like to handle the financing at these current market conditions. NML would highly dilute their shareholders at that share price.
but i see the deferal positive. the DSO project would get more time to develope and generate more cash-flowand the Taconite FS could be arranged at bettet conditions.