4 Cent Target, page-189

I hope it's tomorrow!

Very excited for confirmation of commissioning. Fingers crossed they provide some kind of indication of process and likely timeframe. Even if they under promise and then over deliver on commissioning time I would be happy just to have some kind of idea of how long until this baby is likely to be printing money.

News we can expect over the next few months if everything goes to plan, in likely order if they are to occur:

1. Commissioning commencement
2. Chinese delegation arriving in India
3. Potential MoU/JV with one or more of the three massive Chinese companies
4. Commissioning of Phase Two complete
5. Purchase order(s) for Phase Two received from BMM Ispat and/or JSW Steel.
6. Second plant ordered
7. 200ktpa offtake signed for second plant
8. Unlisted option conversions by management
9. Paying off Magna loan and cash note
10. Cash flow positive
11. All listed options converted
12. January update on pellet plant
13. Update on JV with Weihua Group
14. Third plant ordered using option funds

Just off the top of my head. Very exciting times that's for sure. So much news around the corner, even if only half of the above eventuates there is a crap load going on.

Always those NSL curveballs to look forward to as well!

I don't know how many more sleeps I can go hoping to wake up to an announcement haha