and the $5m rised back in jan and also 2 working mines.
price of ore is about $150 pt
even if they take another 2months to get 200,000t to port
and the current offtake agreement lapses, NSL will have
$30m sitting at port ready to ship minus $7m extraction and transport costs..
so $10m + $5m + $23m =$38m
or with current agreement where the current customer is willing to wait
$10m + $5m + $5m =$20m
if it looks like a rough diamond , smells like a rough diamond it usually ......
that's my take on things
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