Ann: Additional 20,000t Purchase Order Received From IFO, page-71

No problems Waldo. All I ask is that if you do have a contrarian point to make, and this is not a criticism, please back it up with facts and figures. For instance, with the capitol raising issue, quote the company cash burn rate - where it's being spent and company wages etc. -, then give your point of view.
Also, I'm quite happy about IFO, especially because they're a small company working from an office, if this is truly the case. I personally can't see why a larger steel producer would be interested in NSL, yet. But who is IFO, what are their affiliations? They might be a local company with government backing - working under, say, the Make in India banner? Small companies, in prime positions, tend to get large quickly in boom times, and it looks like a boom is not that far away. However if they're not local then I'd like your thoughts on who they are. Research with links would be great.
Anyway I think it's fine to be contrarian, all I ask is for you, or anyone else with this view, to show justifiable cause for being that way.
Cheers
Rhama