NLC Vote., page-4

Well done onlymoney on your investigative and research skills. This vote especially the iron ingot part using lignite instead of coking coal gee suggests NLC see Matmor as something massive for them and India's steel industry. Like i said in the other thread listening to Ashley at the CEO sessions presentation he gave very heavy emphasis on the huge cost savings Matmor can save on steel making with a much lower heat usage which has a 2 fold cost saving. Conventional steel making requires more costly heat sources but also construction costs are much higher with protective walls required with the high heat intensity where as Matmor does not require this with a much lower heat. Matmor is a no brainer for NLC and today they have voted on the company being involved in the production of high purity iron ingots using lignite instead of coking coal. So who have they recently signed a binding tripartite agreement with to develop a steel making tech that uses lignite rather then coking coal??????? ECT. Will we now see more info coming out of India and interest from that part of the world. Will this allow NLC now to talk more of their plans for Matmor and leave them able to commit funding and show their hand. Time will tell but the vote passing suggest things are about to maybe move a little quicker and we may get more info in coming weeks.