RE: This doesn't add up?I think the lack of reaction is due to: a) financing for Fortune's share of Mt. Klappan still being unresolved, b) the extremely long timeline outlined in the press release. There's also the fact that POSCO seems to have gotten the better part of this deal, which is a bit disappointing given how long Fortune spent finding a partner.
For now they need to get the permitting process underway asap. If they can demonstrate Mt. Klappan won't end up in the same permitting hell as NICO, I think the share price will start to rise.