just a few issues, page-5

Francoo,

You do realise that upon indentification of 200mt+, between 1billion and 2billion shares will be issued at 3cents to gain 100% of the project

So at the moment NSL will get a 25% interest, and need to spend $400k in eploration.....how much cash does NSL have at present? In the last AGR, it started $17000.

Now to to raise $400K at say 3cents, around 134million shares, they already have 289million + 100mill odd options.

So if and when NSL prove up 200Mt+ and aqcuire the project, they will most likley have between 2billion and 3billion shares on issue, so at share price of 3cents, they would be valued at $60-90million dollars right?

Anyway, my point is, claiming NSL to have a 200mt potential resource with a market cap of $7.5mill is very misleading, many many dillutions are ahead, and that only if and when a resource is defined.

IMHO, the risk vs upside reward in SP gain is not very flash.

good luck with your investments though.

I'll leave it for you guys to ponder.

cheers.