indian ore prices are sky rocketing, page-39

ironawe, mate i think your right..
i checked a few announcements, and the last ann i could find in regards to nsl's pathway to production and future proposed earnings was back in september, where it said 480,000t 2010, 960t 2011.
then a month or 2 later they aqure another mine. in regards to mine 2, obviously it was the preferred option due to the time it would take to selling iron ore hence " mine 2" selling in jan, and "mine 1" selling in march.

all nsl need to do is win a few more contracts and have longer term contracts. also they need to give us more detail as to price of selling etc.

this could be an absolute jem of a yr if they can get 2 mines operational with a few contract agreements along with mine 3 in the pipeline as they say.