This is what I love about investing in Australia, especially in 'resource-land'.
The Proactive Investors article was sent to me by a mate a few days ago, followed by a little homework helped enormously by some outstanding info from HC (special thanks to kirribilli) and suddenly I'm part owner of an Aussie IO company operating in India with some blue-sky QLD coal thrown in for free.
Decided not to bugger round looking for a cheap entry, hit the offer (7.2) and now I have another junior miner close to production with the right risk/reward balance (which you need in these crap markets).
Will be buying the dips for the foreseeable future.
Good luck all NSL holders.
NSL Price at posting:
7.0¢ Sentiment: LT Buy Disclosure: Held