IRL india resources limited

annual financials, page-4

  1. 557 Posts.
    I'm on the goon bag after reading that.

    Obvious dissapointment at a further delay in halting cash burn. Hopefully only a delay. Only positive is that any short term dip in Cu prices won't affect profitability.

    Took a close look at the tender documents for Khetri and Kolihan....looked to me like there are criteria which I would have thought would exclude IRL....i.e established profit over past five years, previous company experience of large medium scale producer....etc.

    Need the rather highly paid Indian consultant to do his job I believe.
 
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