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Hi Wescott,I did speak to the company, and their comments on...

  1. stricker
    647 Posts.
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    07/03/12
    14:28
    Post #: 9806325
    Hi Wescott,

    I did speak to the company, and their comments on that matter were that the local demand is very strong. And current selling prices in India are well above $100 per tonne.

    In regards to numbers, even using your figures, that generates 6 mil per year to nsl, which is more than enough to fund current and future Iron Ore plans.
    NSL Price at posting: 8.1¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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