So much for not being allowed to buy shares before a price sensitive announcement??
These guys are good at announcing blue sky interest in the projects. How about concentrating on getting the first 2 mines off the ground before we worry about taking over BHP!!
With the price of iron ore at $180/tonne we can almost self fund future aquisitions. And if their costs are correct at $33/tonne thats $147/tonne by 500000 tonnes in the first year = $73 million.
Joe
NSL Price at posting:
7.0¢ Sentiment: None Disclosure: Held