Great update
Government actively assisting NSL with infrastructure (power) and land acquisition.
As I have said over the past week, money from Phase Two will allow the company to expand very quickly.
What do you need to grow into a large iron ore benefication miner?
[√] Large low-high grade Fe soure
[√] Infrastructure
[√] Capital
[√] Offtakes with large steel producers
[√] Approvals from government
[√] Community presence
[√] Support from government
[√] Booming state
We are good to go in my eyes. Once we find out the new negotiated terms for the Phase Two plant, NSL will be in an amazing position and commissioning will be underway before we know it.
What will follow commissioning? Expansion.
What does expansion bring? More capacity, more money, more staff, more reputation, more community presence, more land and more infrastructure.
Won't happen over night but the first half of this year will be a game changer.
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