I've been holding a considerable position in this stock for two years and have every intention of holding much longer if management can confirm the quality of their output. People are talking about a CR, which is of course disappointing/frustrating, but it is a short term focus and if the CR is tied to expansionary plans, then so be it.
What I care about now is information/status on the production process and the plants capabilities i.e. what we are able to produce with our feed, with higher grade feed, its quality and quantity. I have been happy to deduce these things from vague announcements over the last 6 months but I would like is management to clearly articulate these things and disclose it to the market. This ambiguity is revealing itself in the current SP.
I really hope we do not get a cut and paste job in the quarterly similarly to what we have seen the last couple of quarterlies.
I still cannot believe, we hired all these people, trained them to operate a plant 24/7, have our CEO glowing with confidence in a recent interview and have two directors buy shares at a price 50% higher then at the current price for it all to be a scam!
Eagerly waiting to hear from management!
NSL Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held