game changer

This is a game-changing deal for a small-cap like NSL. They will use the money to expand their footprint in India and buy more projects like AP, then replicate the low-cost beneficiation model to expand the production rate many times over. Bingo! - low capex, low production costs, heaps of domestic demand and no problems with export tarrifs etc.
Cash has always been a constraint for doing project deals, so with the JV money in the bank I think NSL will move ahead rapidly now.

DYOR