ELE 0.00% 0.5¢ elmore ltd

Ann: NSL secures $10 million to expand production of wet plant, page-71

  1. 406 Posts.
    lightbulb Created with Sketch. 77
    Imo..there shouldn’t be another consolation with NSL.

    1. If NSL run these two plants full year then they will
    Produce 400000t of ore.
    2. They will make roughly $35 per tonne profit after
    expenses.
    3. We have the customers who can buy whole lot
    ( minera,,bmm,jsw etc)
    4. Just roughly figure 400000t multiple $35 So Nsl
    Will make $14000000 million in profit annually.
    5. Phase three is costing us around $8.5 mil so for the
    next expansions NSL will have enough money to
    Order two plants in year...I mean with this CR now
    they are in solid position to expand..
    7. Now they know that they have a clear path so
    they want to change the name of company and
    also do more advertising to attract new investors.
    6. FS are not throwing their money on dirt because
    they know after few years they will be sitting on
    Gold...if I do have extra money I would have
    definitely bought Some more today..Dyor and
    GLTH..
 
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