RE:Cost Cutting....At trev704. All I could say about NML, they are in cash conservation mode. For how long? Who really knows but watch the SP direction and you will know if its worth it.
NML is probably waiting for a "Hail Mary" to get them out of a squeeze they are in. Moreover, every cash calls from TATA Steel puts much more squeeze on NML and put them further down the hole in the abyss.
All in my opinion.