Jovann, you keep asking for an update as if they can give you play by play commentary on the process. From reading your posts I picture you as a very smart and prudent investor who can take on board market signals as they are presented to him, so lets recap:
1. Mr Cedric Goode comes on board during his IOH engagement and is contracted on 450k p/year pkg, but instead he opts to reduce that significantly to 150k and asks to put in his personal funds (now approx $400k) to become a shareholder in NSL. WHY?
2. He goes over to India and establishes a relationship with a GLOBAL consultancy firm (Podar Enterprises) WHY?
3. He looks to appoint a COO who has 25 odd years mining experience at Tier level. WHY?
4. He brings in a board of international tier 1 level who are used to million dollar US a year salaries into NSL ( a tiny Australia micro cap) WHY?
5. These high caliber individuals ALL BUY shares ON MARKET in TENS of MILLIONS of units with their own cash. WHY?
I will leave the answering of my questions to you. To me the answers are pretty obvious and hence I am a MAJOR holder in the company.
Please do your own research as above are my OPINIONS only.
NSL Price at posting:
11.0¢ Sentiment: ST Buy Disclosure: Held
