It may sound very far fetched in regard to say getting 1-2Mt io exported to china from current position, but given a share consolidation they will be able to raise big money without hurting its shareholders by diluting too much.. all they need to do is deliver as you say, and a rerating will happen... If they can get 2 mines and have a 3rd one in the pipelines with current cash outlay, imagine if they were in a much stronger position.. we would be looking at a compounding growth.. market wants an ann badly, and details for costs etc.
share price has been steady for past 6 weeks.. If tey were to take the approach of having lower price to take effect of the consolidation then the price will be around 3-4c mark for another month... Also they would ann the selling of ore as close to the meeting as possible so they can have the 5 day average price as low as possible..
ann end of janurary in regard to shipment looks more likely. imo
NSL Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held