I posted the other day and noted that you could take the super cynical view and assume that NSL is a scam and they are raising capital so that they can "live the life". I raise this point again so people know that when I say the following, I am not a cock-eyed optimist.
We have a company that is finally about to deliver, or so it seems, and people are upset that they are not getting every minute detail delivered to them in announcements. I have even seen someone suggest that they perhaps under promise and over deliver and the irony of it is, they seem to be doing this and they still get hammered.
If Tim's dot connections are correct - and I hope to god they are - we are not sitting on 5-10c per share. We are looking at dollars in my opinion.
I wonder (and this is really tin hat stuff) whether the Cap raising was actually so that they could purchase a second wet beneficiation plant and that is why negotiations are taking so long.
NSL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held