Hi (Jovan)
Announcement at 4.57pm. Consolidation,Director/Executive Directors pay rises and looking to raise $10,000,000.
Need to read it carefully.
They say now they will be sending the first lot of iron ore from Kuja by road,330kl to the port,by rail it is 450kls to the port.
Mangal Project,because of technical issues NSL now intends to undertake further resource definition work in the first quarter of 2010.
Rail will have 59 carridges,each with a capacity of 59 tonnes for 3481 tonnes per trip.
Regards
Westcott.
consolidation, page-3
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