id like to note to the nsl gang that yesturday i read about the RIO tinto report, and its great production outputs.
its forecasts have increased to to the rise in demand from the chinese, and apparently there will be ( very high chance) of another boom with iron ore.
this ties in so well with NSL as it will be a growing company during these years of high demand.
they put 60 bux per tonne IO with 33 bux cost per tonne. at $27 that is way more than what i initially thought. imagine if IO prices went to $80US per tonne!. This is very possible in the next 2-3 yrs as forcarsts show that even now $70 is the go for next yr contract prices.
rets / white pointer good posts.. :)
i have been send to the slaughter house with the previous consolidation, and when i read about it today in the ann, i nearly fainted lol.
all in all, its looking very healthy for nsl. This aggrssive approach to production starting in a few months can only mean good for shareholders as we arnt going to be waiting for yonks. a fast paced company striving forward with the focus to expand and prosper is something i am glad to be part of.
good luck all.
- Forums
- ASX - By Stock
- ELE
- ann out
ann out, page-12
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ELE (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.27M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
ELE (ASX) Chart |
Day chart unavailable