Tells me it is going green at some stage soon. hopefully the dilution stays tight but something tells me they may draw on the 2.5m to get the second plant, also they will want to progress with AP14 so dollars will be needed for that venture.
Another point to make is the talk of the partner they are seeking to bring on board, very interesting one that and may well be a surprise announcement at any time.
All I can see atm is financiers happy to climb on board so hangas your 2c should not be tooooo far off imo.
Another thing that has me happy with NSL is the fact that they are more than willing to update the market on a regular basis.
Sellers seems to be exhausted so any significant news should see us back up into the 1.3-1.7 fairly easy.
Plenty of news coming and sellers all but gone imo so hang on as the pressure builds is my call.
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