A life-changing company in the making, page-30

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wgdt72

3,041 Posts.

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11/09/17

21:05

Post #: 27140727
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Originally posted by Timtator ↑

Thanks for the kind words everyone, pretty happy with how it reads and will hopefully remain a great resource for current and future investors for a long time.

Post 4 made into the Top 5 haha, hopefully people are going back to read the first 3 so they get the whole picture in its entirety.

Excited to hear in the next week regarding successful commissioning of the thickening circuit and finance/plant orders which could come at anytime. Follow that with nameplate (hopefully exceeding due to using a higher grade feed) and we're laughing.

I believe we can also expect further developments on the Minera front in the coming months as the two companies develop an understanding of what they want to achieve together and how it will be structured.

Will be interesting if Xinhai have also been looking into the Pellet Plant PFS as part of their assessment. A pellet plant as per previous announcements would be a huge value addition, and was one of the projects outlined within the company's MoU with the state government.

Regardless of whether the steel plant JV progresses any further, I believe the pellet plant will happen regardless of any involvement by Wei Hua. The company announced their expectation that a pellet plant could enable revenue per tonne in the AUD $40-50 range which would be outstanding on a large scale.

Obviously steel plants have to perform pelletisation themselves, so this would be great value addition to take this task off the hands of the steel companies.

Everyday more businesses and projects are popping up in the 28,000 acre Orvakal industrial area a mere 30km from NSL, so I am increasingly confident that the company will utilise the 1000 acres they have been allocated.

It's been a long road to get to this point, but with ever developing relationships, a growing workforce and a bustling economy, we're set for a great future.

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Thanks for the refresher i am sure a lot of fresh eyes will come across and it will show them what some of us are forgetting. A lot of winging and wining previously and the
bigger picture gets so easily forgotten for us regulars so thanks for the refresh.

Need to remember here we are building a 60year company. Delays, up and downs are part of it but......

!!! DO NOT FORGET THE END GAME !!!

NSL Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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