Ann: Trading Halt , page-30

Hi Wescott

All of your posts seem to have the same underlying theme that you don't have any faith in the management because (I can only assume)you must think they are either fools or con artists. So which is it and what is your reasoning?

What is it that upsets you so much about this company?

Is it that they have taken a different approach to BHP RIO and the other big IO players?

Or perhaps that the share price has moved from 0.5c to 3.5c (yes 7 times increase) in 12 months under the current management?

Is it that they have been able to identify, acquire and commence mining two tenements in less than twelve months?

That they have proven they can get ore to the port and have a ship organised to take the first of it to China late this month?

Maybe you just don't like that they have identified and secured rights to purchase a third (an likely more substantial) tenement?

I think you need to change your mindset a little. This is not BHP or RIO. NSL is making some very real progress in a very short time. So what if the shipping date has slipped by a couple of months. Going from no assets to shipping ore in twelve months is a stretch target by anyones standards so some slippage is acceptable in my opinion.