timing of jv announcement

I notice a few posters are expecting a trading halt this week. While this is possible, I think shareholders would be wise not to get too fixated about a final decision on the JV occurring this week. Negotiations are occurring this week, yes, but they could drag on a bit. Because of NMDC's public-private ownership structure, its bureaucracy is multi-layered and famously complex. Thus, even once a decision is made, I think it could take some time for the final 'sign off'.

With the JV announcement on the near-term horizon, plus the completion of the Sandpiper definitive feasibility study due early next year, MAK has multi-bagger potential in my view.