Ann: JSW Steel Purchase Order, page-238

Agree. Not sure we will get much more news until the new year. We''ll just have to weather the storm in the interim. 1.6 certainly is not pretty though. But if what you said about cash flow as at nov 30 being $700k is the case and they predict December will be a very productive month, then even ppl who have a negative view of NSL must believe at this level, we are undervalued. Keep in mind, we have no debt, imminent expansion and appears they appear to be serious about progressing a 600kt pellet.

Unfortunately, all hearsay until they announce it.