I understand @oxxa23 that we will receive potentially the dollars from IFO and we haven't, which reflects the current cash position however I am losing patience with wording that implies one thing under the Vail of ambiguity, but is another.
It clearly implies a pre payment for a 1000t lot. not a 153 tonne pre payment.
Remembering they have made a case that BMM isn't playing ball with terms, well if we didn't accept a buy from BMM because they didn't pay us a 10 grand deposit then WTF.
I also read it that we are getting $55/T which I also don't believe was kept secret due to confidentiality, but due to the market having a big correction as per multiple News sources.
I am happy to hold for LT, but the clear as mud reporting this year needs to be addressed.
And it's not about the $55,000 we don't have as it wouldn't make a difference , it's about being transparent, so I and others can make informed decisions.
And please don't anyone reply with " Perhaps NSL believed the 10k would be followed by the remaining 55k and didn't , and it out of there control "
NSL Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
