Ann: JSW Steel Purchase Order, page-164

The problem is the "the last 12 months sucked but now it's nsl's time to shine" line has been enacted 5 seperate times with nsl and they have all been misfires.

I pay that it is different this time as we really do seem to finally be selling some decent quantity of ore BUT i still for the life of me cannot explain why they are not shouting record sales, record production, record revenue without giving away the details of each deal they feel they want to keep private.

This leaves us waiting another 2 months for the quarterly, I am worried that if expansion is announced before some revenue figures are released that it won't excite the market too much.

IMO this is the time we should be building momentum in the market and I still think they have really dropped the ball on this one.