The options have a seemingly weak sell side, they are disappearing and with good reason too.
Currently we have a buy that will wipe out .011 and there is not much between that and blue sky. The heads are really starting to lag behind. IMO it shows real confidence in the future when the options are so bullish. By more now and convert by DEC 31. It is starting to look like the sp will be a lot closer to 10 cents by then than now. Especially when phase 2 PO's start flowing and I expect that NSL MGT would not be sitting on their hands waiting for the plant to be commissioned they already have more than expressions of interest in the product of phase 2 from major steel manufacturers. I feel it in my bones that the next wild card ANN's will be that they have stitched up supply of the whole output of the first phase 2 plant. DYOR
NSL Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
