Board Meetings - NMDC 8th Aug, NLC 14th Aug 2018, page-13

The “Share Price” is the a key metric that tells us shareholders if our company is success full or not.

By the constant delay’s it is fair to say that the short term growth I (and many other shareholders with me) were expecting has not materialised as yet.

Keep in mind though that “Share Price” it is not the be all end all when it comes to micro caps.

My key indicators relate to “product”, “risk”, “demand” and “scalability”. I will not elaborate but on my assessment all marked as positive. Timing is the tricky bit on micro caps. One thing I can tell you…..if you have no patience stay clear of Micro Caps.

Trust me I understand the frustrations in relation to “ECT Communication”, “ECT Delays” and “India Culture Differences” but really there comes a point in time that you have to cut through that stuff to look at the opportunity at hand.

I respect all posters on this forum but feel the quality has slipped considerably and wish things will improve. We all deserve better.

Regards

DoubleDutch