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Hi All We have gone from a DSO operation that would be self...

  1. joeborgo
    581 Posts.
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    14/10/13
    11:48
    Post #: 12437497
    Hi All

    We have gone from a DSO operation that would be self funded, no debt and have a NPV of $100 million to a magnetite benefication plant requiring a $10 million equipment investment that doesn't work properly and no mining.

    Who thinks management should go? Not just Cedric, all of them!!!

    Joe
    NSL Price at posting: 1.1¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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