lcy will get line of credit or offtake finance...so how ppl over here posting nmdc will build the project is completly wrong....
it is good in a way that it is difficult to get even line of credit or offtake finance in current financial conditions...its good but still not sure it should be valued at 12cents at this stage...no downramping but still it was just sugarcoated announcement and we still didnt get the information like whether the finance will be 100% or would it be at attractive terms...good luck...
news, page-21
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