good announcement and presentation, page-22

LOL, all you guys are right in my books...

joe - your right cause it would make perfect sense to increase production of iron ore by acquiring mines over 5 yrs. as this is NSL's strategy, to me it sounds like a aggressive approach to becoming a great company in the near future..
if they get this project and produce 480t, and aquire projects once a yr over 5 yrs with increased output given cash positions it could get to 5mtpa over 5 yrs.


westcott - your right as well cause i read in either the presentation or the agreement ann that first yr is 480t second yr 910t and then it said so on or something like that.. or 2011+

someone needs to call the company tomorrow and ask this question cause there's a big difference between having 5 mpta per yr in 5 yrs compared to making it over 5 yrs.. LOL.

by the way, westcott thanks for the info with the cost with aussie companies.. im sure it will cost less with nsl to send to china given locality and infrastructure.


tin - i need a bourbon lol