Nov 30 (Reuters) - Nordic American Tanker Ltd -
* Nordic American Tanker Ltd issues letter to shareholders
* Expect that Q4 2016 result will be well above Q3 2016
* During Q3 2016 generated cash surplus that was much higher than cash break even rate, which is below USD 11,000 per day per ship
* Recent stock issue allowed co to contract for 3 newbuildings to be delivered in 2018, increasing fleet from 30 to 33 suezmaxes
* "We do not expect that results of us presidential election will affect nat adversely"
* "Low oil price is good for tanker market and hence for nordic american tankers" Source text for Eikon: Further company coverage: