What I am liking most:
"The basis of the MoU would position NSL to be producing in excess of 8 million tonnes per annum of iron ore in the newly formed State. In addition, the MoU includes the construction and operation of a centralised pellet plant, again reinforcing NSL’s strategy of value addition in the Indian iron ore industry."
Yet this stock is trading with just a $5M market cap?
Been a holder since July and topped up a few times, I'm glad because the long term fundamentals look promising.
Lot's to like in that announcement!
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