What's behind the news? From my point of view this company has been undervalued for a long time. Yes, the Cartesian announcement was in December and first draw not until last day of February. However, the rest is on the way and the “refresh” of the feasibility study referred to may show some advantageous changes. (Why refresh otherwise?) I expect another draw soon and then the rest of the 35M to complete engineering over the summer. In addition, even though the internals of this company has been quiet from the outside, with both Resource Capital AND Cartesian on board something must be churning on the inside. Go to Resource’s web site and look at where and how they involved themselves in all their other mining ventures. They are not a hedge fund that will muscle into a board-room (as they did back in June) and not have a plan. Best I personally expect is a steady trend-line through the summer, with ups and downs. Best scenario, another off-take will be announced, which would definitely send SP jumping. Right now, ICP should be at .20 to .30 just like Potash Ridge. What made it jump today is anybodies guess. GLTA