Huntleys' Stock of the Week
Marketplace
NSL Consolidated Reports Conceptual Study Indicates Robust Business Case for Southern Indian Iron Project
Thursday October 15, 2009, 2:52 pm

Original Announcement: Conceptual study indicates robust business case

NSL Consolidated advised that a Conceptual Study on the southern Indian iron project has placed a net present value of US$94m to US$105m on the project. NSL has agreed to purchase this project for approximately US$5.6m. The NPV range is based on modelling the impact of variations to the target mineralisation, iron ore prices, costs and exchange rates. NSL intends to outsource the major mining operations, using local mine management, earthmoving, crushing and screening, and road transport to established rail infrastructure 25km from the mine gate. All material is proposed to be shipped and sold through an established East Coast iron ore exporting port.

More information about NSL.AX
  •   

    • Copyright © 2010 Yahoo! Pty Limited. All rights reserved.
    Advertise with Us - Privacy Policy - Terms of Service - Help