just returned...further to my previous comments and in line with...

just returned...

further to my previous comments and in line with McGill's, there is no market equivalent to NSL to make a comparable Earnings Value due to:

the reduced shipping costs from India
reduced mining and processing

i would really like a broker report on NSL outlining the extent that these factors are reduced

my guess is that they are significant and may give rise to NSL being valued at a comparable hematite company in oz

therefore, at an EV of 4.5

4.5/.35 (see previous post) x 20c = 2.50 (post consolidation)

so with such a large discrepancy, i'd welcome any furthyer info