Ann: NSL secures $10 million to expand production of wet plant, page-276

They did not just throw $10m randomly at NSL. They have done due diligence and still put in the 10. No matter what things look like now they obviously believe that the investment was worth it and they will see returns on investment. I doubt very much there is anyone at FS crying over it just yet. The SP was always going to be hit with the CR and consolidation added to the underperforming sales.

There was feed issues and renegotiations of orders going on and only small existing orders. Now it’s time to show that the new larger orders can be filled and money is being received parallel to expansion construction before anyone should get to excited. The SP may drift even lower before there is enough positive news to change sentiment. I am still optimistic that NSL can achieve the results required to get things on track.