In the absence of information wild ideas emerge....to joy's of a public forum.NMDC has over 5000 employees and hundreds of projects on the go, unfortunately we are a spec on their radar. I love to think their is some overarching strategy by NMDC (bad cop) and NLC (good cop) to milk ECT dry. I don't think that's the case though, I am of the firm believe the paper mill of extensions and reviews has been poorly understood and managed by all parties. If NMDC wanted to walk away they could have done so at any stage, clearly another requirement popped up which is resulting in more delays. Still leaves a huge annoyance with the comms around this....piss poor!
All things being equal though - yes a takeover would get my vote if the price is right!
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Where are we at with NMDC?, page-41
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