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I hope your right about the share price coming back. I think the...

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royfern

364 Posts.

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29/06/18

11:29

Post #: 34034511
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Originally posted by Grug57 ↑

People will say what they like but the share price will recover as phase 3 is taking shape. So there will be ample opportunity to recoup your money. I predict the trajectory will follow a similar pattern to phase 2. All IMO

As an aside, I still do not understand how we can have a cash burn at the level it is when the plant is not operating at projected level. I understand that there are fixed costs but surely the variable costs should come down given that we are never producing at a level that they forecast in proceeding quarterlies.

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I hope your right about the share price coming back. I think the zero share buys today says a lot about the way we feel about NSL at the moment. Very disappointed with management they need to do much better and keep us better informed. I am just hanging in there at the moment. Best wishes to all holders Roy

NSL Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
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