Ann: NSL secures $10 million to expand production of wet plant, page-160

Suggestions that Cedric should go during this pivotal time in the companies future are ridiculous, especially given the relationships built with the Indian Government.

The bonus relates to Phase 3. Get it done, on time, on budget, he gets the bonus, if he doesn’t deliver on Phase 3 his performance incentives are void.

Granted, phase 2 wasn’t on time but it was our first pilot plant, it was never going to be perfect from the get go, finally April was a standout month AND getting better!

This from the most recent announcement spells out a lot for me moving into Phase 3

“ The expanded plant reflects the learnings from the existing plant”

I for one am very excited about phase 3 and our rapid expansion into 8 million tonnes.