RE:Hard to believeBulls eye Commodityplay!
It's game over for NML. They will slowly run out cash before the market gets any better and TATA Steel have turned out to be a wolf in sheep's clothing.
Moreover, the last news release really did it for me. I was betting on the DSO deal to keep NML alive and well while accumulating cash to develop the mines when the iron ores prices went back up but from the last news release, TATA Steel will make sure it won't happen. What a way to be had. I got out just before the SP fell bellow my average SP. Glad I did.
GLTA to all those who still hang on to their shares. Probably you'd profit shorting NML from now on.
All above in my opionion.