In a normal world...This is good news. The permit is very good news and continues to derisk the project. good to see they continue to acquire the land they need attained from private hands. Further, the recoveries are looking great and looks like they will abobe guidance and quite a bit above some analysts estimates. The write offs are accounting measures and shouldn't have much effect.
In a normal world when you both advance and derisk a project along with significantly improve your operations, the stock would get a nice pop. Here I think we will get a bit of a move but not what we should get. I think we are still in the penalty box but maybe one foot out......Props for NSU's new management for the good progress they are making cleaning up the mess from the last group.