Hi Thin!This is for me the important statement"Near term iron...

Hi Thin!
This is for me the important statement

"Near term iron ore production: On track
?Successfully presented the draft Terms of Reference (TOR) to the Ministry of Environment and Forests in New Delhi, Expert Appraisal Committee highly supportive of NSL‟s focus on value addition and the utilisation of low grade iron ores
?The TOR presentation to the MOEF and subsequent minor additions as a result, is a major milestone in the Environmental Clearance (EC) process. The TOR defines the environmental requirements of the project
?All remaining Environmental Clearance steps are now procedural in nature, allowing NSL to proceed with the development of the project under clear environmental boundaries
?Process to order long lead items commenced
?Nine months for completing final plant design, construction and commissioning, contingent on receipt of necessary approvals
?First commissioning to commence late in 2011, production in first half 2012"

We will see, if they start the production in the first half 2012 (Mai/Juni)