The announcement is a concession they are not going to be able to mine enough ore. They are hoping to BUY enough iron ore off third parties to fill a ship !
What a complete joke. What on earth are these blokes doing looking at buying another mine? I hope they are returning their salaries to the company to do so.
They can't even get this announcement right. The summary at the start says "confirmation of ownership". Then the body says they've lodged the documents but are waiting for final approvals. So which is it?
This has turned into a 5 year prospect IMO
NSL Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held
