The announcement today was good in that it shows they are getting their act together at last, as SP has indicated.
Next one needs to be on project finanace and costs of beneficiation plant and installation date.
Announcement will help prospective financiers feel more confident.
Don't be surprised if this happens more quickly than we are used to.
Also in the wings is the chance of word on an acquisition; being part of their strategy. I have no information on an acquisition apart from the fact they have been talking to other Companies when in India last month. Read into that what you will.
They have to keep kicking goals now; not behinds - we do that :-)
TRIG
NSL Price at posting:
6.1¢ Sentiment: LT Buy Disclosure: Held