seems like the market couldn't really care, don't believe or don't trust. can't really blame people for not trusting or believing when its an indian government owned and run company making comments to the indian press about "dealings" it has no right to be commenting on.
what it also tells me though is that our lcy directors have been working hard to extract maximum benefit for their shareholders and now nmdc are fed up with the process and have put the threat of a deadline on lcy. lcy even still rebuffed this. everyone wants the best deal but sometimes the best deal is the only deal thats on the table. hopefully our directors don't blow it.
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