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ANIA77

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ANIA77

Re: conix post# 229

Wednesday, 11/30/2016 8:22:11 AM

Wednesday, November 30, 2016 8:22:11 AM

Post# of 1285
Another good letter to shareholders. Things are turning around for the better. Management is very confident that NAT is very good investment at this pps...

The board, management and our advisors subscribed for a total of $5.3 million of the issue. We eat our own cooking, so to speak, and our goal is the same as it is for all shareholders: to make money on our investment. Growth has been a key success factor of our business model. It’s important for companies to grow and it’s crucial for our future dividend capacity.

Any company must grow - that is a part of capitalism. A company that does not grow is dead. Our recent order for 3 new Suezmax ships at Samsung was concluded at highly attractive terms. A major part of the purchase price is due on delivery. This is a great investment, boosting NAT.

NAT
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