NSL is sitting pretty in regard to local demand for ore ..ex mine gate price is $A56 per tonne at present and that could push up a bit yet over the next year,,
Year on year growth in ore demand is over 7% in India and that really puts a buffer under the local pricing ,,,,
Watch things hot up from here ,,we are only capped at $7 mill !!
I think we should be well above $15 mill already.
Ann: AP14 DESIGNATED AS CRITICAL MAJOR NATIONAL PROJECT, page-66
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